Lion Capital issued convertible bonds to raise approximately HK$273 million to support the development of the RWA tokenization framework.

On November 2, according to an announcement from the Hong Kong Stock Exchange, Lion Capital Holdings, a Hong Kong-listed company, announced that it will issue mortgage-backed convertible bonds maturing in 2026 to raise approximately HK$273 million (US$35 million). It has already signed an agreement with asset management company LMR Partners to subscribe for the relevant bonds. The final net proceeds will be approximately US$33,565,000 (approximately HK$260,800,000), and the funds will be used to support the development of its digital finance and real-world asset (RWA) tokenization framework.