September 03, 2025<\/p>\n\n\n\n
By Our Correspondent<\/p>\n\n\n\n
Chinese real estate developer Seazen Group (1030.HK), which launches a new tab, announced on Monday that it has accelerated its deployment in the real-world asset (RWA) applications space by introducing a new strategic partner through a $6.3 million share placement.
This would be a significant Chinese developer’s first attempt to generate money via tokens. Since the real estate industry entered a financial crisis in 2021, which resulted in numerous defaults, corporations have been frantically trying to find liquidity.
In a filing, the company stated that it will give Blockchain Metaverse Academy, an Australian-incorporated business that deals with digital assets and RWA\u2014tangible assets that can be tokenized and integrated into the blockchain ecosystem\u20140.27% of its expanded shares.<\/p>\n\n\n\n
“Through this strategic collaboration, the company expects to significantly mitigate the risks and costs associated with independently exploring its own RWA applications, thereby enhancing the pace and efficiency of innovation in this area,” added the statement.
Seazen will receive HK$49.4 million ($6.32 million) in net proceeds from the sale of the shares at the subscription price of HK$2.5845 per share, which is 4.2% higher than the final closing price on Friday.
Following the announcement, Seazen’s stock increased by up to 5% on Monday; however, in afternoon trading, the gains were reduced to 1.6%.<\/p>\n\n\n\n
The developer established the Seazen Digital Assets Institute in Hong Kong on Friday to investigate the viability of tokenizing its asset revenue and intellectual property resources.<\/p>\n\n\n\n
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September 03, 2025 By Our Correspondent Chinese real estate developer Seazen Group (1030.HK), which launches a new tab, announced on Monday that it has accelerated its deployment in the real-world asset (RWA) applications space by introducing a new strategic partner through a $6.3 million share placement. This would be a significant Chinese developer’s first attempt […]<\/p>\n","protected":false},"author":3,"featured_media":8290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-8287","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized"},"yoast_head":"\n