Derlin Holdings promotes RWA tokenization, involving ByteDance, Kraken, and eSelf AI

ChainCatcher news, according to the announcement from the Hong Kong Stock Exchange, Hong Kong listed company Derlin Holdings has announced that it has obtained approximately $5.7 million in private equity through funds and SPVs, intended for RWA tokenization; among which it indirectly holds ByteDance (approximately $2 million, implied valuation of about $315 billion), Kraken (approximately $3 million, implied valuation of about $15 billion), and eSelf AI (approximately $700,000, implied valuation of about $21 million).

The company plans to tokenize the relevant SPV after the completion of the delivery and advance the tokenization projects of Derlin Tower LPF and Animoca Brands LPF; the Animoca Brands LPF plan utilizes the XRP Ledger and has received pilot funding from Hong Kong Cyberport. Derlin Securities and Derlin Digital Family Office have submitted materials to the Securities and Futures Commission, aiming to initiate distribution and platform operations in early 2026.