FEG Holdings (01413) announced that on September 9, 2025, its majority-owned subsidiary Tiankun Digital Limited (Tiankun) entered into a cooperation agreement with Hong Kong Polytechnic University (PolyU).
Under the agreement, Tiankun and PolyU will jointly establish the "PolyU Business School – Tiankun Digital Stablecoin and Real-World Asset Innovation Centre" (Joint Centre). The Joint Centre will focus on integrated R&D of regulatory-compliant stablecoins and real-world asset (RWA) tokenization, with core objectives including: • Developing an RWA framework aligned with Hong Kong's upcoming Stablecoin Bill and Virtual Asset Policy Statement 2.0; • Advancing AI-driven tokenization and real-time asset valuation models; • Launching pilot projects in automotive, real estate, and supply chain finance to validate practical applications; • Publishing academic research and forming industry alliances to enhance Hong Kong's competitiveness in global digital assets; • Building a multi-stakeholder ecosystem involving financial institutions, tech firms, and regulators to foster cross-sector collaboration; • Assisting Hong Kong enterprises in overseas expansion through digital asset solutions for cross-border settlement, asset internationalization, and compliance; • Exploring global market opportunities across emerging and developed regions including Southeast Asia, the Middle East, Europe, and North America.
PolyU will contribute academic expertise in fintech regulation, AI-driven valuation, and market analysis, while Tiankun will provide human resources, technological support, and funding. The initial two-year collaboration involves the Group's total financial commitment of approximately HK$1.7 million, payable in phases.
The Joint Centre will serve as a platform for academic-industry collaboration in research, education, and knowledge transfer. This partnership represents a strategic milestone in FEG Holdings' expansion into fintech and digital assets, aiming to: • Enhance R&D capabilities and broaden RWA tokenization applications; • Establish industry alliances to strengthen ecosystem influence; • Develop cross-border digital asset services as new growth drivers; • Build early presence in international digital asset infrastructure networks; • Cultivate talent and innovation for long-term growth.
The Board believes this cooperation aligns with the Company's and shareholders' interests by boosting innovation capabilities, expanding participation in tech-driven financial infrastructure, and elevating corporate reputation through collaboration with a leading university.