Asia has never seen anything like this before, and for the first time, an HK-based company holding is set to launch tokenised stocks of Sisram Medical. Sisram Medical stocks are held by Flemings in the HK stock exchange with an amount close to $328,000,000.
The stocks will be available on Vaulta, Solona, Ethrene, and Sonic. As of now, this is under consideration in the ever-growing Foster block and crypto ambitions in Hong Kong.
Tokenisation of Sisram Medical
Sisram Medical, the first Israeli company to list on the Main Board of the Hong Kong Stock Exchange, operates in the beauty and wellness space. The firm offers a mix of energy-based devices and injectable fillers.
Fosun Wealth Holdings said the tokenisation of Sisram Medical stock was achieved through multichain deployment. Vaulta’s “Banking OS” was used for issuance and settlement, with Solana integrated as part of the technology stack.
The tokenised Sisram Medical shares are now live and open to global investors. The initiative is being described as Asia’s first “Hong Kong Stock Performance Linked Token” with multichain support.
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By making a listed equity available in tokenised form, Fosun aims to widen access to international investors and improve market efficiency.
Technology and Infrastructure
The firm spotlighted Vaulta for this launch. Vaulta’s platform, with Solana, was used to settle and issue the shares, and by these systems, Fosun can offer faster settlement times, 24/7 access, and reduced access for investors to trade traditional equities in tokenised form.
The multichain strategy also represents an intention to enhance ease and strength in the framework of tokenised assets.
Vaulta Foundation’s founder and CEO, Yves La Rose, described the development as part of a broader shift in global finance. He said more traditional stocks and bonds will likely migrate to blockchain.
According to him, the aim is to capture the benefits of continuous trading, efficient settlement, and scalability.
Corporate Strategy
A spokesperson for Fosun Wealth Holdings said the tokenisation effort aligns with its larger strategy of financial innovation and digital transformation.
The company views tokenisation as a way to increase transparency, improve efficiency, and broaden inclusivity for investors. By embracing blockchain-linked capital markets, Fosun is seeking to maintain a lead in modern financial services.
The move also fits within Fosun’s wider adoption of cutting-edge financial technologies. The firm has positioned itself as an early mover in bringing real-world assets to blockchain systems.
By turning equities and potentially bonds into tokenised instruments, Fosun plans to offer new products that suit global investors who expect both access and speed.
Tokenization Momentum
The broader market for tokenised real-world assets, often called RWA, has been growing steadily. As of Tuesday, the total value of RWAs stood at $27.9 billion, representing a 7.4% rise compared with the previous month.
At the same time, regulators and industry bodies are voicing caution. UnoCrypto earlier reported that the World Federation of Exchanges has called on securities regulators to tighten oversight of tokenised stocks.
The group has warned that without strong rules, the rapid growth of these assets could mislead investors and reduce confidence in financial markets.
Also Read: JPMorgan Says Regulators Back Tokenised Bank Deposits More Than Stablecoins