Fosun Wealth Holdings in Hong Kong has announced the tokenization of $328 million worth of Sisram Medical shares.
The company shared the news on Tuesday, highlighting that the project marks Asia’s first “Hong Kong Stock Performance Linked Token” with multichain support. The shares were created on Vaulta, Solana, Ethereum, and Sonic. Fosun said the effort is part of Hong Kong’s larger plan to become a leader in cryptocurrency and blockchain.
The new tokens were issued and managed using Vaulta’s Banking OS system and Solana. According to a Fosun Wealth Holdings spokesperson, “Through Vaulta and Solana, we can expand access to our portfolio, offering investors new levels of transparency, efficiency, and inclusivity.” The company added that this move opens the door for broader access to its assets.
Sisram Medical trades under the ticker 1696.HK and has now become the first company to have its shares live on-chain in this project.
Notably, the firm operates in beauty and wellness, offering energy-based devices and injectable fillers. Fosun said it plans to tokenize more shares and bonds later but has not revealed which firms are next.
Meanwhile, market data shows real-world assets have reached $27.9 billion in value, climbing 7.4% from the previous month, according to RWA.xyz.
Yves La Rose, CEO of Vaulta Foundation, welcomed the launch. He said, “Vaulta is purpose-built to support this transition, providing the infrastructure for institutions to issue, manage, and scale real-world assets on-chain. This launch shows where the future of capital markets is heading.”
The project gives investors a way to trade assets at any time with faster settlement and global reach. Fosun also noted that the launch allows institutions to use blockchain for more efficient access to traditional financial instruments. The firm said this marks a new step in combining stocks and bonds with digital networks.
If successful, Fosun’s initiative could set the pace for other companies in Asia to explore tokenization and bring more assets into blockchain systems.
