{"id":5473,"date":"2025-08-22T09:29:34","date_gmt":"2025-08-22T09:29:34","guid":{"rendered":"https:\/\/jobuzo.com\/en\/leather-goods-maker-soars-68-after-investing-in-tokenisation-start-up\/"},"modified":"2025-08-22T09:29:34","modified_gmt":"2025-08-22T09:29:34","slug":"leather-goods-maker-soars-68-after-investing-in-tokenisation-start-up","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/leather-goods-maker-soars-68-after-investing-in-tokenisation-start-up\/","title":{"rendered":"Leather goods maker soars 68% after investing in tokenisation start-up"},"content":{"rendered":"
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Leather goods manufacturer China International Development Corporation (CIDC) has invested HK$100 million (US$13.9 million) to acquire a 20 per cent stake in Hong Kong-based asset tokenisation start-up NVT, signalling growing enthusiasm for digital assets in the city.<\/p>\n

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The partnership would allow CIDC to use NVT’s tokenisation infrastructure, positioning itself as a “global first mover” in converting tangible and intangible assets in the leather goods production ecosystem – such as cash flows, receivables, inventory and intellectual property – into tokens, CIDC said in a filing to the Hong Kong stock exchange on Thursday.<\/p>\n

CIDC manufactures and sells leather accessories, apparel and footwear. It is also engaged in industrial hemp cultivation.<\/p>\n

Shares of CIDC surged nearly 68 per cent to close at HK$2.03 on Friday.<\/p>\n

Founded in 2019, NVT operates a tokenisation platform for real-world assets (RWA), primarily catering to brokers, asset managers and corporations. RWA tokenisation involves creating blockchain-based representations of physical or financial assets to facilitate easier trading. The process is a key focus of the Hong Kong government’s push for digital assets<\/span>.<\/div>\n
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NVT reported revenues of HK$2.46 million last year and HK$1.1 million for the first half of this year.<\/p>\n<\/div>\n

Leather goods maker soars 68% after investing in tokenisation start-up<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Leather goods manufacturer China International Development Corporation (CIDC) has invested HK$100 million (US$13.9 million) to acquire a 20 per cent stake in Hong Kong-based asset tokenisation start-up NVT, signalling growing enthusiasm for digital assets in the city. Advertisement The partnership would allow CIDC to use NVT’s tokenisation infrastructure, positioning itself as a “global first mover”…<\/p>\n

Read More “Leather goods maker soars 68% after investing in tokenisation start-up”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":5474,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/5473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=5473"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/5473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/5474"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=5473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=5473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=5473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}