Hong Kong’s China Financial Lease raises $11.1 million for its encryption platform

The Hong Kong-listed Chinese financial lease group is planning to raise $11.1 million to combine cryptocurrency and artificial intelligence (AI) investment platforms. The announcement has fueled investors’ excitement, sending the company’s shares up 25% on Monday, reflecting strong confidence in its digital asset ambitions.

Raise funds through strategic share placement

The share placement at Innoval Capital, a UK Virgin Islands-based investment company, will raise $86.7 million ($11.1 million), according to a filing with the Hong Kong Stock Exchange. Innoval Capital acquired 69.38 million shares at HK$1.25 each, accounting for approximately 20% of the company’s existing shares and 16.7% after placing it.

Moore Xin Jin, CEO of Nasdaq-listed Antalpha Platform Holding Company, manages more than $1.6 billion in assets and leads Innoval Capital. Jin’s expertise at Crypto and Fintech adds credibility to China Financial Leasing’s ambitious digital investment strategy.

“We believe there is a significant potential to combine AI and digital assets to create a smarter and more efficient investment ecosystem,” Jing said.

Building a next-generation crypto investment platform

This funds will be allocated to develop a cryptographic digital asset investment platform that covers a wide range of digital assets, including Bitcoin (BTC), Ethereum (ETH), Stubcoin, NFTS, DEFI Projects, RWA (RWA), and Decentralized Physical Infrastructure Networks (DEPIN).

The platform integrates artificial intelligence with blockchain technology to enhance investment strategies, trading efficiency and portfolio management. The initiative is in line with Hong Kong’s 2025 policy to promote a regulated cryptocurrency platform aimed at promoting secure and innovative digital finance solutions.

Strong market response

Investor enthusiasm was immediate, with the company’s shares rising 25% to a market capitalization of $555 million ($71.3 million) by early Monday afternoon. Surge reflects the growing market interest in crypto investment platforms and the confidence in the company’s ability to implement its vision.

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Strategic significance

By combining traditional finance, AI and crypto investment opportunities, China’s financial leases have established themselves as a pioneer in digital asset management. Partnering with a veteran crypto fund manager like Moore Singh Jin not only strengthens reliability, but also potentially attracts additional institutional and retail investors.

“Integrating AI into cryptocurrency investments is the future of digital finance,” said a company spokesperson. “We are committed to creating a platform that is innovative and compliant with Hong Kong’s regulatory framework.”

The move highlights the focus of Hong Kong-listed companies that focus on blockchain, cryptocurrency and AI innovation, supported by government policies that promote regulated digital finance. If successful, Chinese financial leases could emerge as a key player in digital investment, filling the traditional market with next-generation technology.

Investors and industry watchers closely monitor the development of the platform. The platform could impact stock performance, market trust and its reputation as Hong Kong’s crypto-friendly financial hub.

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