Funding to support tokenization, mining, and crypto licensing amid strategic shift
DL Holdings, a Hong Kong-listed financial services group, has announced plans to raise $83.2 million through share placements to accelerate its blockchain and digital asset initiatives. The funding comes as the company pivots deeper into Web3 infrastructure, asset tokenization, and mining.
The move sparked an immediate market reaction, with DL Holdings’ stock dropping over 8% on Thursday, following disclosure of the placement deal. According to a regulatory filing, the shares will be sold at HK$2.95 each to at least six professional investors through placing agents. The same number of shares will then be repurchased by the company at the same price.
“The strategic allocation of these funds signals our confidence in the long-term value of digital asset infrastructure,” said a company spokesperson in a prepared statement.
The shares involved in the deal represent around 13.58% of DL Holdings’ existing share capital, which will be diluted to 11.96% post-placement. The funds will be channeled into several blockchain-focused areas:
30% for real-world asset tokenization and strategic investments
15% toward bitcoin mining operations and crypto reserves
8% to grow digital asset and stablecoin development
7% for obtaining crypto asset trading licenses in Hong Kong
Remaining capital to support ETF products, IT infrastructure, U.S. real estate investments, and working capital
“This funding round positions DL Holdings to move from traditional finance into digital-first territory, where the next wave of asset management innovation is unfolding,” noted a Hong Kong-based market analyst.
The announcement arrives as Hong Kong strengthens its position as a regulated crypto hub, offering new licensing paths for firms in digital asset services. DL Holdings’ diversified blockchain strategy suggests a long-term commitment to both compliance and innovation.
By embracing tokenization and mining alongside regulated infrastructure, DL Holdings is signaling a calculated shift toward the future of global finance.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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