China Financial Raises $11M to Build Crypto-AI Platform

• China Financial secures HK$86.5M to launch a new Crypto-AI investment platform.

• Innoval Capital, led by Antalpha CEO Moore Xin Jin, acquires 69.38M shares.

• Hong Kong’s pro-crypto policy drives institutional interest in digital asset investments.

China Financial Leasing Group Limited has announced a proposed amount of HK$86.5 million (or around 11.1 million) to invest in its cryptocurrency and artificial intelligence (AI) investment business. The Hong Kong listed investment company stated that the funds would create a new Crypto-AI digital asset investment platform in its corporate group. The relocation is in line with the Hong Kong policy agenda of establishing itself as a center of controlled digital asset innovation. The capital will help the company to enhance its investment base and broaden into Web3 and AI technologies according to the company.

Innoval Capital Acquires Stake at Discount for Crypto Expansion

On October 5, 2025, China Financial Leasing Group filed with Hong Kong Stock Exchange disclosing that it had signed a subscription contract with Innoval Capital Holding Limited. The investor, who is a British Virgin Islands-based investor, is fully fledged by Moore Xin Jin, founder and CEO of Nasdaq-listed Antalpha Platform Holding Company, and consented to subscribe to 69,379,496, new shares at HK$1.25 per share.

The subscription is estimated to be 20% of the existing share capital of China Financial and 16.7% after issue. This price is a discount of 2.34% of the HKSE-trading price of the stock as of before the transaction, HK$1.28 and of 4.87% of the 5 days average of HK$1.314. The announcement also saw the company shares soar 34% and close at HK $1.72, beating the 0.67% fall of the Hang Seng Index.

China Financial reported that the net proceeds of some HK$81.47 million will be invested in listed and unlisted securities, consisting of about 94% of the total proceeds, with blockchain, AI, and the digital asset segment taking the lead investments. The rest of HK$5 million will be used to cover general working capital.

Hong Kong’s Policy Boosts Digital Asset Investment Plans

According to the company, its Crypto-AI platform will focus on the investment of exchanges and digital assets including Bitcoin (BTC), Ethereum (ETH), stablecoins, real-world assets (RWA), non-fungible tokens (NFTs), decentralized finance (DeFi), and decentralized physical infrastructure networks (DePIN). The management further claimed that the initiative will assist the government in the June 2025 Policy Statement 2.0 on the Development of Digital Assets in Hong Kong that promotes innovation of blockchain on a regulatory basis.

The industry observers indicated that the move is in line with the larger initiative of Hong Kong to lure businesses in crypto related matters. Local reports indicate that Julia Leung, the CEO of the Securities and Futures Commission (SFC) might prolong her stay to continue to carry out regulatory reforms, such as the simplification of listing requirements of digital asset companies.

The board of China Financial expressed that the Innoval Capital subscription also expands its shareholder base in addition to increasing its capital capacity to expand in the dynamic crypto and AI environment. The deal still awaits final regulatory approvals before final completion.