🇭🇰 Hong Kong listed company: Pangaea announces a strategic partnership with VELO, does $Velo now have its own Hong Kong DAT?
Pangaea is a Hong Kong listed company focused on the Internet of Things, providing industry-leading AIoT and HPC IoT solutions.
RWA should be the biggest narrative scene in recent years, and this collaboration between EVOLVE x Pangaea × VELO marks Velo's new layout for RWA in Asia:
1️⃣ Financial product innovation
Unlike the US-led US Treasury RWA, EVOLVE focuses on industrial-grade assets in Asia.
For example, building on "real estate, supply chain, electric vehicles" to create on-chain financial products, providing scalable and flexible income channels for institutional investors.
2️⃣ Dual support of technology + compliance
➤ Initiated by Thailand's Mile Green, aiming to create a regional RWA platform
➤ Provided by Pangaea with IoT / AIoT data transparency capabilities
➤ Collaborating with Chainlink to achieve proof of reserves, ensuring on-chain assets are real and traceable
EVOLVE @veloprotocol is building digital financial infrastructure for institutional investors with a focus on Asia.
It is said that 1473 Pangaea is also planning to launch a "Hong Kong stock treasury" program within the VELO ecosystem, looking forward to the results of this strong partnership.

🇭🇰 1473 (Pangaea) Ltd., a Hong Kong–listed company, will build IoT-powered RWA tokenization on the VELO's ecosystem.
Leveraging its IoT & connectivity expertise, Pangaea aims to:
🔹Develop tokenized assets backed by real-time IoT data
🔹Create de-risked products such as supply chain finance & asset-backed lending
🔹Integrate IoT platforms with blockchain settlement for transparency & scale
Pangaea is also preparing to launch a digital asset treasury program on $VELO token, strengthening institutional-grade participation and expanding Asia’s digital financial infrastructure 🏦💹

3.24K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.