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Derlin Holdings and Asseto expand RWA tokenization plan and intend to apply for stablecoin license.
On July 2, the Economic Times reported that Derlin Holdings (01709) announced that it has signed a strategic cooperation memorandum of understanding with Asseto Fintech Limited (Asseto), a financial technology company focused on the tokenization of real-world assets (RWA). The two parties plan to jointly develop RWA tokenization solutions in the Asian market and promote the adoption of compliance digital asset products and services, including stablecoin applications and DeFi integration.