[ Sonic has also started to move in Hong Kong ] Domeyong shared information about Sonic. Additionally, I did a bit of research myself.! Fosun Wealth was the first to issue shares of Sisram in the form of RWA, and there are several chains, among which @SonicLabs is included. [ Fosun Wealth ] Founded in Shanghai in 1992 24-year revenue of 35.5 trillion won (49% from overseas sales) Business area: Integrated financial technology service platform and asset management [ Sisram Medical ] In 2013, Fosun acquired Israel's Alma Lasers and established a Hong Kong corporation. Designs, manufactures, and sells energy-based medical aesthetic devices (EBD). It's a total of $328M in tokenization, with Solana handling the main settlement and distribution to Ethereum and Sonic. Why is Sonic included? - Processing performance of 400K TPS - Ultra-fast chain with EVM compatibility - Developer-friendly revenue model FeeM - Selected as the official on-chain data issuing chain by the U.S. government -...
There are new updates about Sonic. Hong Kong's Fosun Wealth has issued a stock performance-linked token based on the Hong Kong-listed company, Sysram Medical, and @SonicLabs is included in the multi-chain distribution network. The scale is approximately $328 million. The token is designed to track the Sysram stock price in the form of a Hong Kong Stock Performance Linked Token, and the issuance/settlement stack uses Vaulta, with the chains confirmed as Solana/Ethereum/Sonic, making it multi-chain. Sysram Medical is a subsidiary of Fosun Pharma, which has a market capitalization of HK$78,567.86 million, approximately 14 trillion KRW. Additionally, the market capitalization of its subsidiary, Sysram Medical, is HK$2,496.17 million, around 445 billion KRW. That's quite a scale, isn't it? And why is this news important? 1. Adding a real-world asset (RWA) usage reference linked to TradFi in Sonic. 2. A case of multi-chain listing -> Strengthening the rationale for attracting...
Show original
3.71K
35
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.