#China Financial Leasing Raises $11.1M for #Crypto Platform


China Financial Leasing Group announced plans to raise $11.1 million through share placement to fund the development of a cryptocurrency and artificial intelligence investment platform, sending shares up 25% in Hong Kong trading.


The Hong Kong-listed investment firm will issue 69.38 million new shares at HK$1.25 each to Innoval Capital under their subscription agreement. The deal represents approximately 20% of existing share capital and 16.7% of the enlarged base post-placement.


Sunday's filing with the Hong Kong Stock Exchange outlined intentions to establish a Crypto-AI digital asset investment platform. The company plans to invest in digital asset exchanges, including stablecoins, $BTC, $ETH, RWA, NFT, #DeFi, DePIN and emerging digital assets.


Innoval Capital, the British Virgin Islands-incorporated subscriber, was founded by Antalpha CEO Moore Xin Jin. Jin leads Nasdaq-listed Antalpha Platform Holding Company, managing assets exceeding $1.6 billion.

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October 06, 2025 at 1:33 PM
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