Leather goods maker soars 68% after investing US$14 million in tokensation start-up
Leather goods manufacturer China International Development Corporation (CIDC) has invested HK$100 million (US$13.9 million) to acquire a 20 per cent stake in Hong Kong-based asset tokenisation start-up NVT, signalling growing enthusiasm for digital assets in the city. The partnership would allow CIDC to use NVT’s tokenisation infrastructure, positioning itself as a “global first mover” in…