Lion Group Holdings Raises USD 35 Million for Digital Finance Push via Convertible Bonds

Lion Group Holdings, a publicly traded company listed on the Hong Kong Stock Exchange, has secured USD 35 million through the issuance of convertible bonds. This funding will be used to support the development of their digital finance and real-world asset (RWA) tokenization framework, as detailed by media outlet Blockbeats. The company entered into an agreement with asset management firm LMR Partners for this bond subscription. The net proceeds are expected to reach approximately USD 33.5 million (HKD 260.8 million).