Lion Rock Holdings issues convertible bonds to raise approximately HKD 273 million to support the development of the RWA tokenization framework

The Hong Kong-listed company LionTeng Holdings announced that it will issue mortgage-backed convertible bonds maturing in 2026 to raise approximately HKD 273 million (USD 35 million). It has currently signed an agreement with asset management company LMR Partners to subscribe to the related bonds, with a final net fundraising amount of approximately USD 33,565,000 (about HKD 260,800,000). The funds will be used to support the development of its digital finance and real-world asset (RWA) tokenization framework.