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Coolpad Group launches property asset tokenization strategy, advancing in four phases until 2026.
On August 14, Kuok Group announced that the company is currently in the preliminary exploration stage of property asset tokenization and has developed a four-phase strategic plan.
The first phase is feasibility study and planning, expected to be completed in the fourth quarter of 2025. The company will hire legal consultants to assess legal issues, establish an asset valuation model, and form an internal technical team to study technical solutions. The second phase will initiate partner selection and architecture design, expected to start in the first quarter of 2026. The third phase plans to conduct technical development and internal testing in the second and third quarters of 2026. The fourth phase will involve regulatory communication and pilot launch, with timing to be determined.
Coolpad Group will strictly comply with relevant laws and regulations, and will disclose significant progress when it occurs.