DL Holdings advances RWA tokenization, reports on share scheme

DL Holdings Group announced its latest developments in real world asset (RWA) tokenization, focusing on private equity interests in technology companies and limited partnership funds. The group secured approximately $5.7m in private equity interests, including indirect holdings in ByteDance, Kraken, and eSelf AI, with plans to tokenise these upon completion. These efforts aim to enhance transparency, liquidity, and management efficiency of private equity assets.

Further, DL Holdings is progressing with the tokenization of its DL Tower LPF and Animoca Brands LPF interests. Its subsidiaries, DL Securities (HK) Limited and DL Digital Family Office (HK) Limited, are the proposed distributor and investment manager, respectively, and have submitted updated business plans to the SFC for regulatory consent. The DL Tower LPF tokenization is anticipated to reach implementation in Q4 2025, with distribution commencing in early 2026. The Animoca Brands LPF project, supported by Ripple Labs, was approved for the Hong Kong Cyberport “Blockchain & Digital Asset Pilot Subsidy Scheme” in September 2025.

Concurrently, DL Holdings also reported on its 2025 Restricted Share Award Scheme. The trustee purchased 3,120,000 shares on October 6 and 8, 2025, at an average price of approximately HK$3.20 per share, totaling approximately HK$9,974,444. This brings the aggregate purchased shares since June 2, 2025, to 17,677,000, as the company targets an award pool of 30,000,000 shares.