Express
Hong Kong's Fosun Tokenizes $328 Million Worth of Medical Company Stocks
Summary: According to reports from The Block, Hong Kong-based Fosun Wealth Holdings has tokenized the stocks of Israeli company Sisram Medical, listed on the Hong Kong Stock Exchange, with a market value of approximately $328 million. The tokens have been issued through Vaulta, Solana, Ethereum, and Sonic platforms. The company stated that the plan utilizes Vaulta's ...
According to reports from The Block, Hong Kong-based Fosun Wealth Holdings has tokenized the stocks of Israeli company Sisram Medical, listed on the Hong Kong Stock Exchange, with a market value of approximately $328 million. The tokens have been issued through Vaulta, Solana, Ethereum, and Sonic platforms.
The company stated that the plan utilizes Vaulta's Banking OS and incorporates Solana into its technical architecture for stock issuance and settlement. Sisram Medical, an Israeli medical technology company with the stock code 1696.HK, is the first stock included in this plan. Fosun also plans to tokenize more company bonds and stocks in the future, but specific companies and timelines have not been clarified yet.
Tags:
Link: Hong Kong's Fosun Tokenizes $328 Million Worth of Medical Company Stocks [Copy]
