A subsidiary of Fosun International this week marked a new milestone in bringing traditional financial instruments onto a blockchain infrastructure, which it touted as Asia's first "comprehensive" technical solution for stock performance-linked tokens.
Fosun Wealth Holdings-backed start-up Finloop Finance Technology Holding collaborated with FinChain, a Web3 brand under Fosun Wealth, in creating the new solution for real-world asset (RWA) tokenisation in Hong Kong.
The first Hong Kong stock performance-linked token created with Finloop's solution was for Fosun unit Sisram Medical, which was live and available to global customers, with a market value of US$328 million, according to Fosun Wealth.
Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.
RWA tokenisation is the process of creating digital representations, or tokens, of traditional assets - including stocks, real estate, art or bonds - on a blockchain. These tokens embody the ownership or value of the underlying asset.
Finloop's solution would provide "a replicable industry paradigm for stock tokenisation in Hong Kong and across Asia", according to the company, a so-called wealth technology platform incubated by Fosun.
That initiative came amid Hong Kong's efforts to become a global digital asset hub, and reflected growing demand for RWA tokens in the market.
Real-world asset tokenisation serves as a bridge between decentralised finance and traditional finance. Photo: Shutterstock alt=Real-world asset tokenisation serves as a bridge between decentralised finance and traditional finance. Photo: Shutterstock>
This development followed Monday's announcement of the world's first offshore yuan-denominated tokenised public bond issued in Hong Kong, which was executed on the Ethereum blockchain. GF Securities (Hong Kong) Brokerage raised 500 million yuan (US$70 million) on behalf of Shenzhen Futian Investment Holdings, with the two-year bond carrying a 2.62 per cent coupon and an A- rating from Fitch.
Access to Sisram Medical was completed via multichain deployment across Vaulta, Solana, Ethereum and Sonic, the company said. As the first Israeli company to be listed on the main board of the Hong Kong stock exchange, Sisram Medical offers beauty and wellness products such as injectable fillers.
"What we're seeing with Fosun is the start of a broader trend," said Yves La Rose, founder and CEO of Vaulta Foundation, in a statement. "Traditional stocks and bonds migrate onto blockchains to benefit from 24/7 markets and more efficient settlement. This launch shows where the future of capital markets is heading."
Story ContinuesFosun on Tuesday announced its plan to issue RWA shares and corporate bonds on Vaulta, a blockchain-based banking network.
Tokenised real-world assets could reach US$30 trillion by 2034 on the back of strong demand, according to a June report by Standard Chartered, from a low base of about US$24 billion as of June 2025.
A growing number of traditional institutions from mainland China are already moving to engage in digital asset initiatives in Hong Kong, including buying cryptocurrency as reserve assets and planning RWA projects.
Yunfeng Financial Group, a Hong Kong-listed firm backed by Alibaba Group Holding founder Jack Ma that primarily generates income from insurance businesses, this week said it has so far spent US$44 million to acquire 10,000 ether and that it will "actively explore" RWA tokenisation. Alibaba owns the Post.
Ant Digital Technologies, an affiliate of Chinese fintech giant Ant Group, has been promoting its blockchain platform in Hong Kong for asset tokenisation after the city's stablecoin law came into effect.
Finloop in July said it raised "nearly US$10 million" in a Series A funding round, with investors that included the Solana Foundation. In June last year, the company said it had more than 200 business clients and managed more than HK$5 billion in assets.
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Fosun drives up interest for Hong Kong stock performance-linked tokens on blockchains
A subsidiary of Fosun International this week marked a new milestone in bringing traditional financial instruments onto a blockchain infrastructure, which it touted as Asia's first "comprehensive" technical solution for stock performance-linked tokens.
Fosun Wealth Holdings-backed start-up Finloop Finance Technology Holding collaborated with FinChain, a Web3 brand under Fosun Wealth, in creating the new solution for real-world asset (RWA) tokenisation in Hong Kong.
The first Hong Kong stock performance-linked token created with Finloop's solution was for Fosun unit Sisram Medical, which was live and available to global customers, with a market value of US$328 million, according to Fosun Wealth.
Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.
RWA tokenisation is the process of creating digital representations, or tokens, of traditional assets - including stocks, real estate, art or bonds - on a blockchain. These tokens embody the ownership or value of the underlying asset.
Finloop's solution would provide "a replicable industry paradigm for stock tokenisation in Hong Kong and across Asia", according to the company, a so-called wealth technology platform incubated by Fosun.
That initiative came amid Hong Kong's efforts to become a global digital asset hub, and reflected growing demand for RWA tokens in the market.
Real-world asset tokenisation serves as a bridge between decentralised finance and traditional finance. Photo: Shutterstock alt=Real-world asset tokenisation serves as a bridge between decentralised finance and traditional finance. Photo: Shutterstock>
This development followed Monday's announcement of the world's first offshore yuan-denominated tokenised public bond issued in Hong Kong, which was executed on the Ethereum blockchain. GF Securities (Hong Kong) Brokerage raised 500 million yuan (US$70 million) on behalf of Shenzhen Futian Investment Holdings, with the two-year bond carrying a 2.62 per cent coupon and an A- rating from Fitch.
Access to Sisram Medical was completed via multichain deployment across Vaulta, Solana, Ethereum and Sonic, the company said. As the first Israeli company to be listed on the main board of the Hong Kong stock exchange, Sisram Medical offers beauty and wellness products such as injectable fillers.
"What we're seeing with Fosun is the start of a broader trend," said Yves La Rose, founder and CEO of Vaulta Foundation, in a statement. "Traditional stocks and bonds migrate onto blockchains to benefit from 24/7 markets and more efficient settlement. This launch shows where the future of capital markets is heading."
Story ContinuesFosun on Tuesday announced its plan to issue RWA shares and corporate bonds on Vaulta, a blockchain-based banking network.
Tokenised real-world assets could reach US$30 trillion by 2034 on the back of strong demand, according to a June report by Standard Chartered, from a low base of about US$24 billion as of June 2025.
A growing number of traditional institutions from mainland China are already moving to engage in digital asset initiatives in Hong Kong, including buying cryptocurrency as reserve assets and planning RWA projects.
Yunfeng Financial Group, a Hong Kong-listed firm backed by Alibaba Group Holding founder Jack Ma that primarily generates income from insurance businesses, this week said it has so far spent US$44 million to acquire 10,000 ether and that it will "actively explore" RWA tokenisation. Alibaba owns the Post.
Ant Digital Technologies, an affiliate of Chinese fintech giant Ant Group, has been promoting its blockchain platform in Hong Kong for asset tokenisation after the city's stablecoin law came into effect.
Finloop in July said it raised "nearly US$10 million" in a Series A funding round, with investors that included the Solana Foundation. In June last year, the company said it had more than 200 business clients and managed more than HK$5 billion in assets.
Copyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved.
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