AsiaStrategy Signs Memorandum of Understanding with Plume to Advance Asset Tokenization

AsiaStrategy (stock code: SORA) announced on October 1 that it has signed a non-binding memorandum of understanding with Plume to explore the establishment of a joint venture aimed at investors in Asia and other markets outside the United States, focusing on the structuring, issuance, and distribution of tokenized financial products. According to the memorandum, Plume will provide tokenization infrastructure, technical capabilities, and regulatory qualifications, while AsiaStrategy will offer project initiation, distribution, and capital market channels in the Asian market, covering Japan, South Korea, Hong Kong, Thailand, and the UAE. The two parties plan to first advance products that combine mature asset classes with compliant on-chain distribution, with the specific product scope, structure, and launch sequence still under discussion, and no products have yet been launched or offered to investors. Jason Fang, Chairman and Co-CEO of AsiaStrategy, stated that tokenization will become the default method for the issuance and holding of many financial assets, with Asia leading the way. The company's business has expanded from luxury watch trading to Bitcoin vault management, digital asset collateralized lending, and related financing and tokenization initiatives.

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