Business Daily Media

The Times


.

KN Group and AlloyX Form Strategic Partnership, Launching World’s First On-Chain Tokenized Consumer Loan Assets

HONG KONG SAR - Media OutReach Newswire - 15 July 2025 - In July 2025, Hong Kong fintech company KN Group announced a significant strategic partnership with AlloyX, a prominent Hong Kong-based Web3 financial technology company.

Leveraging AlloyX's on-chain tokenization infrastructure technology, the two parties will jointly launch the industry's first tokenized fund with consumer loans as its underlying assets. This collaboration marks the first tokenization of individual cash loans on-chain, providing broader funding sources for the underlying assets and exploring new possibilities for traditional consumer finance businesses.

no caption

As a promoter of inclusive finance with business spanning emerging markets including Thailand, the Philippines, Indonesia, Pakistan, and Mexico, KN Group will conduct a shelf offering of USD 100 million in tokenized consumer finance assets (RWA), with an initial issuance size of USD 20 million. AlloyX, a renowned Hong Kong Web3 fintech firm, specializes in bridging traditional finance with blockchain-based services, providing secure and efficient fiat and stablecoin payment solutions alongside asset tokenization services. This powerful alliance will significantly enhance asset liquidity, stability, and capital efficiency, opening new channels for global capital market asset allocation.

Lucas Kong, General Manager of KN Group Hong Kong and Global Head of Treasury at KN Group, stated: "This global debut is a major milestone following KN Group's decade of deep cultivation in AI fintech. It successfully bridges traditional financial services with the global capital markets through digital pathways. This initiative explores a replicable path for onboarding traditional consumer financial assets onto the blockchain, granting investors greater transparency, flexibility, and investment efficiency. Through financial asset tokenization, we aim to better serve global investors. Moving forward, we aspire to achieve further breakthroughs in setting new industry standards, unlocking fresh asset value, and connecting global emerging ecosystems, continuing our strides in innovative finance."

Under this strategic partnership, AlloyX provides KN Group with blockchain technology solutions and support. Jessie Chen, Head of RWA Issuance at AlloyX, commented: "We are delighted to partner with KN Group to jointly advance the global tokenization of cash loans, accelerating the integration and development of traditional financial systems with next-generation Web3 technology applications. This ensures high-quality financial assets circulate on-chain in a compliant and transparent manner. AlloyX will continue collaborating with industry partners to support institutions in their standardized, modularized, and globalized blockchain-based business expansion."

As a key enterprise introduced by the Hong Kong Office for Attracting Strategic Enterprises (OASES), KN Group will leverage this innovation as a starting point. It will continue to harness its strengths in AI-powered risk control technology, optimize asset management, expand into emerging markets, and lead the global digital development of inclusive finance.


Hashtag: #FintechInnovation #Blockchain #RWATokenization #DeFi #Web3 #DigitalAssets #FinancialInclusion #KNGroup





Wechat: KN Group

The issuer is solely responsible for the content of this announcement.

KN Group

Established in 2014, KN Group is a financial technology company with a core focus on artificial intelligence and big data. Its vision is to make financial services more accessible, convenient, and fair. Leveraging AI technology, KN Group has developed comprehensive assessment models to effectively evaluate customer credit risks, gain deeper insights into customer needs better through extensive infrastructure, provide more personalized services, and identify and manage risks more efficiently.

KN Group is one of the strategic enterprises introduced under the Hong Kong Office for Attracting Strategic Enterprises (OASES). Its business now spans multiple regions, including Thailand, the Philippines, Indonesia, Pakistan, and Mexico.

News from Asia

Zero Risk, Zero Emissions: Clear Robotics and ReSustainability Transform Marine Operations into Safe, Tech-Enabled Roles

Clear Robotics and ReSustainability deploy a 100% electric vessel on the Pandan River, eliminating diesel emissions and transforming a three-person manual job into a safe, single-upskilled operator...

Etiqa Insurance Singapore launches a Travel Pass experience that links travel insurance spending to tiered rewards

Customers can enjoy benefits ranging from global eSIM data to complimentary protection and cashback SINGAPORE – Media OutReach Newswire – 22 September 2026 – Etiqa Insurance Singapore has launche...

Cigna Healthcare Hong Kong Simplifies Online Health Insurance Journey Enabling Customers to Choose Coverage with Confidence

HONG KONG SAR - Media OutReach Newswire - 22 September 2026 - Cigna Healthcare Hong Kong has introduced a refreshed online health insurance experience that makes it easier for customers to researc...

Hong Kong Green Building Council "My Green Space" Student Competition 2026-2027

Focusing on “Nature-Positive” Concept: Inviting the Education Sector to Co-Create a Vision for Green BuildingHONG KONG SAR - Media OutReach Newswire - 22 September 2026 - To enhance public underst...

Suan Dusit Arun marks a year of positive urban impact, recording more than 951,000 visitors while helping to create a cooler, greener Bangkok

New data highlights the contribution of Dusit Central Park’s rooftop park to urban cooling, air quality, biodiversity, and community well-being. The park will also mark Bangkok Climate Action We...

Frasers Hospitality unveils Fraser Suites Reserve, a new luxury serviced living brand

Fraser Suites Reserve Bangkok starts welcoming guests at One Bangkok in December 2026SINGAPORE – Media OutReach Newswire – 22 September 2026 – Frasers Hospitality, a business unit of Frasers Prope...

Asia REIT Market Value Grows 18% as Chinese Mainland Drives New Listings and India Becomes Asia's Fourth-Largest REIT Market

Asia's 289 active REIT products reached a combined market value of US$279.4 billion as at 31 March 2026, up from US$235.8 billion at end of 2024 The Chinese mainland contributed 2...

Cheese Effects Launches Singapore’s First AI Comic Storyboard Photo Booth Experience

Introducing Singapore’s first AI Comic Storyboard Photo Booth, Cheese Effects places guests within customisable comic narratives. Combining AI-generated comic characters with tailored storylines, a...

Galaxy Macau Unveils Dream Voyage @ Galaxy Resort: Gao Xiaowu's Art Exhibition

An immersive journey through dreams, gratitude and love, complemented by new lifestyle experiences at Galaxy PromenadeMACAU SAR – Media OutReach Newswire – 22 September 2026 -Founded upon its comm...

UnionPay Showcases at the 23rd China-ASEAN Expo

SINGAPORE - Media OutReach Newswire - 22 September 2026 - On September 17, the 23rd China-ASEAN Expo opened in Nanning, Guangxi. Dong Junfeng, Chairman of China UnionPay and UnionPay International...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...