DL Holdings is making significant strides in the tokenization of its assets, particularly focusing on its commercial property, DL Tower, situated in Central, Hong Kong. This move reflects the company's commitment to integrating blockchain technology into its investment strategy, and according to the assessment of specialists presented in the publication, it could potentially enhance liquidity and attract a broader range of investors.
Regulatory Approval Sought for Tokenization Process
The company has submitted updated business plans and necessary documentation to the Hong Kong Securities and Futures Commission, seeking regulatory approval for the tokenization process. This step is crucial as it aligns with the regulatory framework governing digital assets in the region.
Implementation Timeline for Tokenization Technology
DL Holdings anticipates entering the implementation phase of its tokenization technology and compliance procedures by the fourth quarter of 2025. The firm aims to initiate token distribution and commence platform operations in early 2026, marking a significant milestone in its digital transformation journey.
In a related development, Avalon X has launched its presale for AVLX tokens, offering early investors a 10% bonus and an exciting giveaway. For more details, visit read more.
