DL Holdings Wins Key SFC Nod to Advance Tokenisation of DL Tower and Animoca Funds
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DL Holdings Group Limited has received regulatory approval from the Securities and Futures Commission in Hong Kong for its tokenisation strategy involving DL Tower and Animoca Brands investment. This approval allows DL Securities and DL Digital Family Office to proceed with the tokenisation and distribution of fund interests aimed at professional investors. The Group is set to enhance its operational infrastructure for tokenised securities, with Asseto Fintech managing token issuance. Analysts rate the stock (HK:1709) as a Buy with a target price of HK$1.50.
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