According to BlockBeats, during the 6th Kuala Lumpur Expo on September 25, Mr. Lin Jianzhong, Chairman of the Board of Directors of the US Lin Group, announced the group's plan to establish a compliant blockchain trading platform through its subsidiary, Great East Asia Bank. This move marks the group's official entry into the Web3, Metaverse, and AI sectors. Mr. Lin stated, 'Blockchain technology and its derivative Web3 ecosystem will bring revolutionary changes to the traditional financial industry.' The US Lin Group intends to utilize its hotel assets' RWA (Real World Asset Tokenization) to create an innovation fund, incubating AAA-level Web3 blockchain games such as Infinitar and RuneSoul, and further expanding into new financial fields to achieve asset securitization and global listing.
The compliant blockchain trading platform is a core part of the US Lin Group's strategic layout, providing investors with a secure and transparent trading platform to ensure the compliance of Web3 and digital assets. By adopting the RWA model, the group will digitize its hotel assets, unlocking asset liquidity and providing continuous funding support for the innovation fund, thereby promoting the development of future Web3 and technology projects.
Great East Asia Bank has extensive experience in financial technology, and this foray into the blockchain and Web3 sectors is a significant step for the US Lin Group in keeping with technological innovation trends. Additionally, the US Lin Group will host the 'Tech Innovation Oscar Conference' in the United States in October, further driving global technological innovation and bringing significant opportunities to the industry.
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