DL Holdings Pronounces $83M Blockchain-Targeted Fundraising Plan, Shares Drop 8%

DL Holdings has unveiled a HK$653.3 million ($83.2 million) capital increase to fund a broad push into blockchain and crypto-related ventures, an announcement that despatched its shares down greater than 8% on Thursday.

Key Takeaways:

• DL Holdings is elevating $83.2M to fund blockchain and crypto ventures by a share placement deal.
• The transfer dilutes 13.6% of current shares, triggering an 8.4% inventory drop.
• Funds will help tokenization, bitcoin mining, stablecoins, and crypto licenses in Hong Kong.

The Hong Kong-listed monetary providers agency disclosed a putting and subscription settlement in a inventory change submitting.

Beneath the deal, promoting shareholders will offload shares to a minimum of six buyers at HK$2.95 per share through putting brokers, after which instantly subscribe to an equal variety of newly issued shares on the identical worth.

DL Holdings Dilutes 13.6% of Shares in Blockchain-Targeted Deal

The transaction covers roughly 13.6% of DL Holdings’ issued share capital, which can shrink to simply below 12% post-issuance.

Proceeds will probably be allotted throughout a number of blockchain initiatives. Round 30% is earmarked for tokenization of real-world belongings and different strategic investments.

One other 15% will help bitcoin mining operations and reserves, whereas 8% will go towards creating digital asset and stablecoin companies.

The agency additionally plans to speculate 7% in buying crypto buying and selling licenses in Hong Kong.

Remaining funds are set to bolster IT infrastructure, help ETF improvement, spend money on U.S. actual property, and canopy working capital wants.

Regardless of the bullish wager on blockchain, buyers reacted cautiously.

DL Holdings shares slid 8.4% to HK$3.07 by mid-Thursday buying and selling, based on Yahoo Finance information.

Enterprise capital funding within the crypto sector rebounded strongly in Q2 2025, with firms elevating a complete of $10.03 billion, the very best quarterly determine since Q1 2022.

June was the standout month, pulling in $5.14 billion, signaling renewed investor urge for food after months of stagnation.

High fundraises included Try Funds’ $750 million increase in Could, targeted on Bitcoin-related methods, and TwentyOneCapital’s $585 million in April.

Different notable firms securing capital have been Securitize, Kalshi, Auradine, ZenMEV, and Digital Asset, highlighting rising curiosity throughout numerous crypto initiatives.

Pure Crypto’s First Fund Soars Practically 1,000%

As reported, Pure Crypto, a comparatively quiet participant within the digital asset house based mostly exterior Chicago, has turned heads after revealing its flagship fund has surged practically 1,000% since its inception in 2018.

What started as a crypto experiment inside a conventional wealth administration agency is now a $60 million fund, backed by a pointy technique and household workplace capital.

Based by Jeremy Boynton, who additionally runs Laureate Wealth Administration, and managed alongside accomplice Zachary Lindquist, Pure Crypto has grown right into a $100 million crypto-focused fund of funds.

The duo is now getting ready to boost capital for his or her fourth fund, which they are saying will journey what they see as the ultimate wave of venture-style returns in crypto.

“We predict that is perhaps the final hurrah within the enterprise capital-esque nature of crypto returns,” Boynton stated.

As regulation solidifies, such because the latest stablecoin invoice signed into regulation by former President Donald Trump, and main firms discover integrating digital currencies, they see the wild west days of outsized positive aspects coming to an in depth.

The put up DL Holdings Pronounces $83M Blockchain-Targeted Fundraising Plan, Shares Drop 8% appeared first on Cryptonews.