Domain Tower Logistics Technology Receives $150 Million Strategic Investment from Huaying Holdings, Intending to Explore RWA and Stablecoin Applications

BlockBeats News, September 10th, according to Hong Kong media Sing Tao Daily, the Nasdaq-listed company Yardat Logistics Technology announced that Solomon Capital Fund SPC-Solomon Capital SP9, a USD fund under Huaying Holdings, has made a $150 million strategic investment in it. The two parties will jointly explore the tokenization of logistics assets (RWA) and innovative applications of stablecoins.

Yardat Logistics Technology previously announced its acquisition of 15,000 BTC, with a total transaction amount of up to $1.5 billion. Additionally, the company also announced that it is actively researching relevant regulatory details and plans to apply for a stablecoin issuance license after the Hong Kong stablecoin regulations come into effect.