Hong Kong Fosun tokenize US$328 million worth of medical companies

According to ChainCatcher, Hong Kong-based Fosun Wealth Holdings has launched tokenized shares of Sisram Medical, a company listed on the Hong Kong Stock Exchange. These stocks have a market value of approximately US$328 million and have been issued through Vaulta, Solana, Ethereum and Sonic platforms. The company said the plan utilizes Vaulta's "Banking OS" and incorporates Solana into its technical structure for stock issuance and settlement. Sisram Medical, an Israeli medical technology company under the stock code 1696.HK, is the first stock included in the program. Fosun also plans to tokenize more corporate bonds and stocks in the future, but it has not yet clarified which companies and timetables are involved.