Walnut Capital received a donation of 10 million CP tokens from its controlling shareholder, becoming the first listed company to hold CP tokens in reserve
ChainCatcher news, according to a voluntary announcement by Walnut Capital Limited, the company donated CP tokens to its wholly-owned subsidiary, Kuran Holdings Limited, on August 30, 2025, by Mr. Meng Pinwen, the executive director and controlling shareholder. Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited accept no responsibility for the contents of the announcement.According to the deed of gift, Mr. Meng Pinwen (who holds 56% of the issued shares of Walnut Capital through Linghua Investment Holdings Limited) irrevocably and unconditionally transferred 10,000,000 CoinUp (CP) tokens to Kuran Holdings, which is not required to pay any consideration or assume any repayment obligations, and only owns the tokens. Currently, CP tokens are primarily used and traded on the CoinUp cryptocurrency trading platform.Walnut Capital Group plans to retain this batch of tokens as reserves or cash them out at an appropriate time. The group will not recognize income from this donation, and the tokens will be classified as capital appreciation assets, listed as intangible assets in the financial statements. The announcement was released in Hong Kong on August 31, 2025, by the company chairman, Mr. Meng Jianqiang, on behalf of the board of directors.