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Synagistics Limited today announced launch of the Synagistics Digital Finance Group (SDFG), a venture that will mint multi‑currency stablecoins and tokenize real‑world assets such as trade receivables, inventory and future cash flows across Asia. The project, revealed four hours ago in Hong Kong, positions the AI‑commerce firm to connect banks and exporters on one programmable settlement rail.
Hong Kong Business has reported launch details, noting that SDFG will start with tokens tied to the Hong Kong dollar, offshore yuan and Singapore dollar before adding more Asian currencies. Identity checks follow the ERC‑3643 standard, helping the group seek virtual‑asset licences in Hong Kong and Singapore later this year.
“Stablecoins and real‑world‑asset tokens will redefine how capital flows across borders, unlocking cheaper and faster trade finance,” Synagistics chief executive Olive Tai said in the press note. She added that SDFG’s rails aim to “bring 24/7 programmable money to thousands of exporters.”
Founded in Singapore and publicly listed in Hong Kong, Synagistics runs the Synagie e‑commerce platform for more than 600 brands. Its move into digital finance follows a July partnership with China Post Hong Kong to digitise supply‑chain data. By folding that logistics network into SDFG, Synagistics hopes to package invoices and warehouse stock into on‑chain collateral that investors can trade in small slices.
Asia’s demand for alternative settlement tools is rising as regulators tighten oversight of dollar‑dominant networks. Hong Kong and Singapore are drafting stablecoin rulebooks, while regional lenders pilot tokenised deposits. Analysts say SDFG could ride that policy shift, provided its tokens stay fully backed and transparent. If approvals land on schedule, the first pilot trades—potentially including property‑backed cash‑flow notes—could clear before year‑end, giving businesses a new path to raise working capital without slow paperwork or high fees.
