FilingReader Intelligence
DL Holdings targets stablecoin market with HK$60m investment
July 20, 2025 at 10:19 PM UTC•By FilingReader AI
DL Holdings Group has entered a non-binding term sheet for a HK$60 million share swap investment into Rich Dragon Consultants Limited, a Hong Kong technology firm.
Rich Dragon intends to apply for a stablecoin license in Hong Kong and facilitate yuan-pegged stablecoins for bilateral trade.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
HKEX:1709•Hong Kong Exchange
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