Hong Kong-listed company Deli Holdings plans to tokenize $40 million worth of real estate assets into RWA.

On October 13, according to disclosures from Hong Kong-listed company Deli Holdings Group Limited, the company plans to tokenize approximately $40 million (equivalent to about HK$312 million) of real estate assets from its ONE Carmel Class B membership interests into real-world assets (RWA), aiming to provide a special dividend distribution to shareholders. This tokenization project involves the ONE Carmel residential project located in the United States. Deli Holdings believes it has significant future tokenization potential and can support the group's digital finance and blockchain initiatives. The tokenization process will establish a compliant digital asset issuance framework, with the Class B membership interests held through a special purpose entity or trust and digitized into security tokens.