Asian Spectator

Stan Group Announces Partnership with Liquefy to launch “STAN by Hong Kong”

  • Written by Stan Group (Holdings) Limited

Jointly Exploring Real Estate Tokenization for a New Future of Hong Kong

HONG KONG, CHINA - Media OutReach - 2 June 2019 - Stan Group, the leading conglomerate devoted to drive innovative business blueprints across technology, innovation and entrepreneurship, announced that GEAR Financial is collaborating with Liquefy from The STILE Initiative, Asia's first investment-backed residential incubation programme founded by Stan Group.[1]

Stan Group Announces Partnership with Liquefy to launch “STAN by Hong Kong”

Mr. Gilbert Wong, Executive Director of Gear Financial Group (left) signed MoU with Mr. Adrian Lai, CEO of Liquefy ( right ) .

GEAR Financial Group, Stan Group's strategic partner providing financial investment and asset management service, and Liquefy, an end-to-end security token issuance platform with blockchain technology, signed a MoU to jointly explore the business opportunities of real estate tokenization.

The project, titled "STAN by Hong Kong", aims to build the digital real estate ecosystem 2.0 with the power of the emerging blockchain technology. Stan Group and GEAR Financial Group are to explore the collaboration with Liquefy in bringing real estate tokenization in Hong Kong. The mutual goal is to develop a real estate exchange that allows Hong Kong individuals gain access to a diverse range of tokenized properties owned by Stan Group and external parties, ushering Hong Kong in a new era of digitized real estate.

"The STILE Initiative is designed to support entrepreneurial development and innovation in Asia Pacific, serving as the catalyst for the flourishing of commercial ecosystem development." Mr. Stan Tang, Chairman of Stan Group and Founder of The STILE Initiative, said, "In taking this bold first step towards the future of the real estate sector in Hong Kong, we envision far better access and greater liquidity in the real estate market due to the fractional ownership that will be attained with tokenization and our real estate exchange under development."

Liquefy is a Hong Kong based, security token issuance platform based on blockchain technology, that works with issuers to tokenize a variety of asset classes, with real estate being a key focus, to realize the value of tokenization.

 "We see our partnership with Stan Group as an incredible opportunity to drive Hong Kong as a whole towards being a smart city with security token ownership and paperless ownership systems." Mr. Adrian Lai, CEO of Liquefy, said, "Real estate is seen as a key sector where tokenization can drive investment. We are confident that we can initiate a paradigm shift in the Hong Kong real estate sector through STAN by Hong Kong."

For more details about The STILE Initiative, visit www.stileapac.com[2].

References

  1. ^ Media OutReach (www.media-outreach.com)
  2. ^ www.stileapac.com (www.stileapac.com)

Authors: Stan Group (Holdings) Limited

Read more http://www.media-outreach.com/release.php/View/8897#Contact

Magazine

Di bawah standar WHO: 3 alasan anggaran kesehatan harus ditingkatkan di era Prabowo

Prabowo-Gibran yang pencalonannya sebagai Presiden dan Wakil Presiden memantik kontroversi telah mulai bekerja sejak 20 Oktober 2024.Untuk mengawal pemerintahan mereka, kami menerbitkan edisi khusus #...

Teknologi baru sel surya tandem pecahkan rekor dunia dalam efisiensi energi

Thanun Vongsuravanich / ShutterstockPanel surya yang dipasang di atap rumah dan lahan pembangkit energi skala besar telah menjadi pemandangan biasa di berbagai belahan dunia. Tenaga surya kini menjadi...

Seperti ‘trick or treat’, film horor adalah ciri khas Halloween−tapi mengapa harus berdarah-darah?

Banyak sekali film horor di tahun 2024, dan banyak di antaranya yang mempertontonkan adegan berdarah secara terang-terangan. Tahun ini, sejumlah film ‘berdarah’ memasuki pasaran, seperti I...



NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion