News and Insights

Corporate News


SoftBank-Backed QRAFT Subscribes DLDFO to Build AI-TechFin DLiFO


18 Dec 2024

Southbound Stock Connect company DL Holdings Group Limited ("DL Holdings" or the "Company", together with its subsidiaries, the "Group", Stock Code: 1709.HK) announced that its wholly-owned subsidiary, DL Digital Family Office, has agreed to allot shares worth USD 3 million to Qraft Technologies ("Qraft"), a leading AI-driven fintech company backed by SoftBank. The USD 3 million share allotment will be settled through a non-cash contribution, with Qraft Technologies offering services and technologies in alignment with the terms of their cooperation agreement. As part of this strategic partnership, Qraft will acquire a 10% equity stake in DL Digital Family Office, equipping the company with advanced AI solutions and collaborating to develop a world-class AI-driven TechFin platform.



Read More