China New City partners with EXIO for real estate tokenization project

China New City Group Limited announced on September 15, 2025, a voluntary collaboration with EXIO Group Limited to launch a commercial real estate RWA (Real World Asset) project. Under a new service agreement, EXIO will provide comprehensive tokenization services, including legal documentation coordination, smart contract development and audit, wallet solutions, and virtual asset distribution.

The service agreement is set for an initial one-year term, with automatic renewal for successive one-year periods unless either party provides 60 days' notice of non-renewal. Either party can terminate the agreement with 30 days' written notice. This initiative leverages Hong Kong's financial and regulatory environment, with EXIO being a virtual asset trading platform licensed by the Hong Kong Securities and Futures Commission in December 2024.

China New City Group, an investment holding company specializing in commercial real estate development, leasing, and hotel management, aims to deepen its engagement with the digital asset sector to enhance the value of its existing assets.