Jingtai Holdings completed a new share placement financing of HKD 2.65 billion, which will be used to explore the application of RWA and develop new blockchain businesses

ChainCatcher news, Hong Kong-listed company Jingtai Holdings (02228.HK) has completed the pricing of a new share placement of HKD 2.65 billion, with the placement price set at HKD 9.28 per share, representing a premium of approximately 75.8% over the IPO issue price. According to the announcement, the funds will be used not only for company operations and product research and development, and mergers and acquisitions, but will also explore the application of innovative financial instruments such as RWA (Real World Assets) and RDA (Real Data Assets), and develop new blockchain businesses.