Victory Securities (Stock Code: 8540.HK) is pleased to announce the signing of a strategic memorandum of understanding (MoU) on virtual asset collaboration with CaoCao Mobility, a smart mobility brand under Geely Group. The partnership will focus on the tokenization of real-world assets (RWA), the application of stablecoin payment solutions, and the compliant issuance of digital currencies—jointly advancing the integration of green assets with cutting-edge digital finance.
As Hong Kong’s leading licensed virtual asset financial institutions, Victory Securities will leverage its expertise in virtual asset compliance, issuance, and custody to support CaoCao Mobility in unlocking the long-term value of its green mobility assets. This partnership is also expected to inject digital capital momentum into emerging sectors such as Robotaxi.
Kennix Chan, Deputy CEO of Victory Securities, said, "This collaboration brings together the strengths of both parties in mobility technology and digital finance. Robotaxi operations exhibit stable and predictable characteristics, positioning them well to become RWA assets. Through RWA, we can enhance asset liquidity and capital efficiency, while also building an innovative foundation for payments and value circulation in future autonomous mobility networks. Victory Securities will leverage Hong Kong’s regulatory framework to support asset tokenization and showcase the long-term value of green mobility to global investors."
CaoCao Mobility has been actively expanding its Robotaxi smart mobility business in recent years, utilizing exclusively new energy custom vehicles. The company has already reduced carbon emissions by over 3.1 million tons, demonstrating substantial environmental and financial transformation potential. This partnership will explore how blockchain technology and Web3 innovations can further accelerate the tokenization of such assets and advance industrial digitalization.
Victory Securities firmly believes that RWA will become a crucial bridge between the real economy and virtual capital, unlocking significant value in areas such as sustainable finance, infrastructure investment, and emerging use cases. We will continue to work alongside industry-leading partners to build a transparent, efficient, and secure virtual asset ecosystem—reinforcing Hong Kong’s position as a global hub for digital financial innovation.