DL Holdings GP (01709) plans to collaborate with Asseto in exploring and developing tokenization solutions for RWA in the Asian market.

DL Holdings GP (01709) announced that on June 30, 2025, the company entered into a memorandum of understanding with Asseto Fintech Limited (Asseto). The group will establish a strategic partnership with Asseto to jointly explore and develop tokenization solutions for real-world assets (RWA) in the Asian market, and promote the adoption of compliant digital asset products and services, including stablecoin applications and decentralized finance (DeFi) integration. The announcement stated that as global institutions increasingly accept digital currencies and DeFi, RWAs are becoming an important component of corporate and institutional financing needs and stablecoin investment strategies. The board is currently reviewing a stablecoin proposal in Hong Kong and intends to apply for a stablecoin license. This collaboration will leverage Asseto's mature blockchain solutions and synergize with the group's expertise in asset management, securities trading, and family office services to accelerate the group's traditional financial services transformation to the blockchain. Furthermore, the strategic partnership will allow the group to quickly enter the rapidly growing digital asset and RWA sector, achieving a higher level of business diversification. The parties will jointly explore applications of RWAs in asset management and digital currency innovation, providing a wider range of financial products to the group's clients. Additionally, the group can extend its existing services to crypto-native investor clients, creating diversified sources of income, expanding market coverage, and enhancing shareholder returns.