Fosun in Hong Kong is tokenizing the stocks of a medical company with a market capitalization of $328 million.

[Fosun in Hong Kong tokenizes stocks of a medical company with a market capitalization of 328 million USD] Fosun Wealth Holdings, headquartered in Hong Kong, has launched tokenized stocks of the Israeli medical company Sisram Medical. The company is listed on the Hong Kong exchange, and this move aligns with Hong Kong's strategy to build a center for Crypto Assets and Blockchain. According to a statement released on Tuesday, these stocks represent a market capitalization of approximately $328 million and have been deployed through Vaulta, Solana, Ethereum, and Sonic. The company stated that this plan leverages Vaulta's "BankingOS" and integrates Solana into its technology stack for issuance and settlement. Sisram Medical is an Israeli medical technology company, listed under the stock code 1696.HK, and is the first equity asset introduced under this tokenization program. Fosun also plans to further tokenize company bonds and stocks in the future, but has not yet disclosed the specific companies or timeline involved.