Cao Cao Mobility Shares Jump 20% on RWA Tokenization Partnership with Victory Securities

Cao Cao Mobility’s shares saw a significant rise in early August 2025, following the announcement of a strategic partnership with Victory Securities aimed at exploring real-world asset (RWA) tokenization and stablecoin applications. The collaboration, which includes the tokenization of mobility assets such as electric vehicle (EV) fleets and battery-swapping stations, has generated strong investor interest, particularly in Hong Kong where the company is listed [2]. Shares surged more than 20% after the news emerged, reflecting optimism about the company’s digital finance initiatives [2].

The partnership outlines three core objectives: tokenizing real-world mobility assets, enabling stablecoin-based payments for mobility services, and developing compliant digital currency frameworks [5]. By leveraging blockchain technology, the initiative aims to improve capital efficiency and liquidity across the mobility sector while supporting the development of autonomous transportation infrastructure [5]. Victory Securities, which holds Hong Kong-based fund management and virtual asset custody licenses, is playing a central role in asset tokenization, particularly in linking emissions data and green mobility assets to carbon credit systems [5].

One of the key assets being considered for tokenization includes Cao Cao’s Robotaxi operations, which utilize L4-level autonomous vehicles and operate on renewable energy sources. These services, already active in cities such as Suzhou and Hangzhou, have contributed to carbon emission reductions exceeding 3.1 million tons [5]. The long-term usage patterns of these vehicles make them strong candidates for RWA tokenization under Hong Kong’s evolving regulatory environment [5].

The move is also expected to appeal to ESG-focused investors by offering transparent and regulated opportunities in sustainable transport finance. By standardizing and verifying asset performance and emissions data on the blockchain, the initiative could attract global capital and align with international carbon credit frameworks [5].

Cao Cao’s stock had already begun rising in late July, with shares up over 9% following initial partnership announcements [6]. The momentum continued into early August as market participants anticipated the broader financial and operational benefits of the RWA-driven strategy [2]. This development aligns with a broader trend in the integration of blockchain technology with traditional financial systems, particularly within the EV and mobility sectors [5].

However, the initiative remains in an exploratory phase, with no immediate on-chain data or tokens currently associated with the partnership [2]. Any future developments will likely require regulatory oversight and further analysis to determine their full implications. Cao Cao’s parent company, the Geely Group, has long supported innovation in mobility finance, and this latest collaboration represents a significant step forward in that strategy [2].

RWA Inc., another firm linked to the broader tokenization ecosystem, experienced a stock decline of 3.712% in late July amid global expansion efforts and the launch of an on-chain investment platform [5]. The partnership with Cao Cao may serve as a strategic counterbalance, stabilizing investor sentiment through the development of concrete, regulated applications of tokenization in real-world industries [5].

The initiative has broader implications for the EV and blockchain industries, particularly in the context of cross-border transport infrastructure and ESG investing. As Cao Cao and its partners continue to refine the model, the collaboration could serve as a blueprint for other EV platforms seeking to tokenize green assets and improve access to capital through digital innovation [5].

Source:

[1] title: Cao Cao Mobility Shares Surge Amid Strategic Partnership Announcement; url: https://www.binance.com/en/square/post/08-07-2025-cao-cao-mobility-shares-surge-amid-strategic-partnership-announcement-27976513398442

[2] title: Cao Cao Travel's Hong Kong-listed shares surged over 20%; url: https://www.panewslab.com/en/articles/bf4f0a18-56f7-4dd5-abb0-85c4aacbb48c

[4] title: Cryptocurrency Live News & Updates : Bitcoin (BTC) Hits; url: https://m.economictimes.com/crypto-news-today-live-07-aug-2025/liveblog/123149180.cms

[5] title: RWA Inc. Drops 3.712% Amid Global Expansion and; url: https://www.ainvest.com/news/rwa-drops-3-712-global-expansion-blockchain-initiatives-2508/

[6] title: China mulls launch of first stablecoins in push to challenge; url: https://www.mitrade.com/insights/news/live-news/article-3-1019445-20250807