Lion Group Holdings to Issue Convertible Bonds for Digital Finance Expansion

According to BlockBeats, Lion Group Holdings, a company listed on the Hong Kong Stock Exchange, has announced plans to issue secured convertible bonds maturing in 2026 to raise approximately HKD 273 million (USD 35 million). The company has entered into an agreement with asset management firm LMR Partners to subscribe to these bonds. The net proceeds from the fundraising are expected to be around USD 33,565,000 (approximately HKD 260,800,000). The funds will be allocated to support the development of its digital finance and real-world asset (RWA) tokenization framework.