EVOLVE Partners with Pangaea Connectivity (1473.HK)
to Power the Future of Real-World Asset Tokenization

Hong Kong, Hong Kong SAR– October 8, 2025  Real-world asset (RWA) tokenization — turning physical and income-generating assets into tradable digital tokens — is emerging as one of the most transformative shifts in global finance. While many platforms promise tokenization, the critical challenge lies in bridging the gap between the physical world and blockchain. Pangaea Connectivity Technology Limited ("Pangaea Connect", stock code: 1473.HK), in strategic collaboration with Mile Green Company Limited ("Mile Green"), provides a concrete solution to this challenge, combining advanced AIoT-driven visibility with a comprehensive RWA ecosystem, now extended through the Velo Protocol and Lightnet.

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Why IoT is the Foundation for Credible RWA

For an asset to be credibly tokenized on-chain, it must first be able to be "seen" and continuously monitored in real time. Without IoT, investors face significant risks: dependence on intermediaries, delayed financial reporting, and opaque collateral conditions. This creates information asymmetry and undermines trust in asset-backed finance.

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Pangaea Connect contributes to address this bottleneck through its extensive experience in HPC, AIoT, and connectivity solutions which form the foundational digital infrastructure required for reliable, high-speed data transmission in blockchain-based tokenization. This foundation ensures continuous, intelligent data flow to monitor and preserve the value and legitimacy of tokenized asset, supporting its marketplace credibility. From solar farms and EV chargers reporting live energy output, to goods-in-transit verified by GPS and condition sensors, to high-value machinery monitored in real time, Pangaea Connect orchestrates connectivity technologies and solutions to provides verifiable data that supports yield, valuation, and collateral integrity. This capability not only enhances transparency and traceability but also enables smart contracts to automate dividend payments, loan terms, and ESG impact validation.

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EVOLVE: A Comprehensive RWA Ecosystem, Powered by Pangaea IoT

Mile Green, through its EVOLVE platform, has proven its ability to commercialize RWA tokenization. EVOLVE integrates top-tier blockchain networks, licensed financial institutions, fiat-crypto payment providers, legal advisors, independent valuers, and ESG consultants into a seamless end-to-end platform. With Pangaea's IoT backbone ensuring real-time monitoring, EVOLVE offers a complete environment where RWAs can be reliably tracked, tokenized, and traded with confidence.

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The Path Forward: Building an Institutional-Grade Tokenization Network

Building on this foundation, EVOLVE is taking the lead in building the next generation of RWA infrastructure, with Pangaea Connect contributing the alignment of the critical technology. Strengthened by advanced AIoT-enabled connectivity that links real-world data with blockchain settlement, this integrated approach establishes the transparency, scalability, and institutional-grade reliability required to transform RWAs into a credible and investable asset class, with foreseeable potentials:

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• Develop Tokenized Assets Backed by Real-Time IoT Data: Creating a new class of transparent, data-verified digital assets.

• Create De-Risked Financial Products: Leveraging verifiable asset data for supply chain finance and asset-backed lending with unprecedented transparency.

• Integrate IoT Platforms with Blockchain Settlement: Merging real-world monitoring data with Velo's PayFi network and Lightnet's compliant payment rails for seamless, scalable, and transparent transactions between fiat and digital assets.

• Participate in the Digital Asset Ecosystem: Exploring Opportunities to launch a digital asset treasury program such as Velo tokens, strengthening institutional-grade participation and expanding Asia's digital finance infrastructure.

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Through the combined expertise and resourced of Mile Green, Velo Protocol, Lightnet, and Pangaea Connect, EVOLVE is setting a new benchmark for the RWA market. By unlocking transparency, enhancing risk management, and ensuring verifiable value creation, the collaboration is providing the foundation to scale tokenisation from isolated pilots into a global, investable, and sustainable ecosystem.

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About EVOLVE RWA

EVOLVE is a strategic Real-World Asset (RWA) tokenization ecosystem co-developed by a consortium of institutional leaders from Hong Kong and Thailand. Targeting high-growth economic corridors along Belt and Road beginning in Southeast Asia, EVOLVE tokenizes a curated portfolio of assets focused on green energy, real estate, private credit and diversified fixed-income structures, revolutionizing fractional ownership and global capital flows.

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www.evolverwa.io

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About Mile Green

Dual headquartered in Hong Kong and Thailand, Mile Green is a holistic solution provider of sustainable technology and electric vehicle (EV) ecosystem. It was founded and co-invested by a group of industrial and finance veterans from Hong Kong, followed by CMAG Funds and other global investors. Dedicated to sustainability, Mile Green integrates EV, green battery technology, fast charging and battery-swapping network, Web3 ecosystem, and fintech solution to accelerate the global transition to a new economy compliant with Environmental, Social, and Governance.

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