---
title: "PANGAEA CONNECT invested USD 1 million to partner with a third party to develop RWA business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/269878485.md"
description: "PANGAEA CONNECT announced that the company, along with an independent third party Mile Green, will subscribe for 40% and 60% equity in EVOLVE Holdings for cash consideration of USD 1 million and USD 1.5 million, respectively. The latter is primarily engaged in businesses and investments related to real-world assets (RWA) and their associated activities"
datetime: "2025-12-16T14:14:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/269878485.md)
  - [en](https://longbridge.com/en/news/269878485.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/269878485.md)
---

# PANGAEA CONNECT invested USD 1 million to partner with a third party to develop RWA business

PANGAEA CONNECT (01473.HK) announced that the company, along with an independent third party Mile Green, will subscribe for 40% and 60% equity in EVOLVE Holdings for cash consideration of USD 1 million and USD 1.5 million, respectively. The latter is primarily engaged in businesses and investments related to real-world assets (RWA) and their associated activities

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