Chinese construction company Seazen Group plans to issue tokenized private debt instruments on the Hong Kong market by the end of 2025 to raise funds.
Shanghai-based Seazen Group Ltd., which managed to avoid default during China’s prolonged real estate crisis, announced plans to attract capital through the issuance of tokenized bonds. At the same time, the developer will establish a digital asset management division and launch NFT products linked to its Wuyue Plaza investment properties.
Seazen Group will become the first major Chinese developer to leverage real-world asset tokenization to raise financing. According to Chair Wang Xiaosong, the company accumulated significant financial reserves over its 32 years of operation and already began shaping its digital asset strategy.
Vice Chair of the Seazen Digital Assets Institute, Wang Yifeng, stated that the first project in the digital asset sector will focus on issuing tokenized private and convertible bonds. This format will reduce costs compared to traditional debt placements and open investment opportunities to a broader pool of participants. Preliminary talks with potential investors already took place, and the product is set to launch by late 2025.
In the future, the company intends to launch its own platform for trading tokenized assets, strengthening its position in Hong Kong’s rapidly growing digital finance sector, supported by the city’s leadership. Notably, the initiative aligns with the Hong Kong government’s policy of promoting innovation in digital assets.
