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Delin Holdings: Will Provide Traditional Financial Assets On-Chain in RWA Format if Granted Hong Kong Stablecoin License

Summary: According to reports, Chen Ningdi, Chairman of the Board of Directors of Delin Holdings, a Hong Kong asset management and investment service platform, stated in a recent interview that the company will spare no effort to apply for a Hong Kong stablecoin license. He also mentioned that 'issuing stablecoins is equivalent to having the right ...

According to reports, Chen Ningdi, Chairman of the Board of Directors of Delin Holdings, a Hong Kong asset management and investment service platform, stated in a recent interview that the company will spare no effort to apply for a Hong Kong stablecoin license. He also mentioned that 'issuing stablecoins is equivalent to having the right to issue currency,' thus requiring high standards in risk control, technical security, and transparency of underlying assets. Once granted the stablecoin license, Delin Holdings will tokenize many traditional financial assets and provide them to buyers in the form of RWA. In the future, they may also collaborate with large banks, such as custodian banks, and seek partnerships with virtual currency exchanges, aiming to become one of the institutions granted licenses in the second or third batch.

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Link: Delin Holdings: Will Provide Traditional Financial Assets On-Chain in RWA Format if Granted Hong Kong Stablecoin License   [Copy]
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