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July 28, 2026 – Lotus Technology Inc. (Nasdaq: LOT) has announced a non-binding memorandum of understanding with Finloop Finance Technology Holding Limited and FOMO Pay to explore the tokenization of real-world assets (RWA) within the luxury mobility space. The three-way collaboration targets the intersection of premium automotive engineering and Web3 financial infrastructure, aiming to create new digital asset-based business models for high-end vehicle ownership and payments.
Under the proposed framework, Lotus Tech will bring its brand heritage and intelligent mobility portfolio, Finloop will contribute its Asia-first one-stop RWA platform (FinRWA Platform), and FOMO Pay will offer its licensed digital payment and settlement expertise across Singapore, Hong Kong, and the Middle East. The parties intend to jointly develop compliant asset issuance, tokenization, distribution models, and on-chain payment services tailored to the luxury automotive sector.
Lotus, a 78-year-old British-born brand now operating with R&D in China and manufacturing in the UK and China, is positioning itself at the forefront of digital asset adoption in the automotive industry. This isn’t just about making luxury cars; it’s about rethinking how high-value assets are bought, sold, and financed through blockchain-based tokens.
Finloop’s FinRWA Platform has already recorded multiple breakthroughs in tokenized product issuance and distribution, making it one of the few fully regulated RWA platforms in Asia. FOMO Pay adds a multi-rail, multi-chain, multi-currency payment infrastructure that can handle both fiat and digital currencies, essential for real-world deployment.
The MOU outlines several key areas of technical cooperation:
All specific terms remain subject to definitive agreements, but the strategic direction is clear: the luxury mobility sector is exploring how tokenization can expand customer reach and create new revenue streams.
Dr. Daxue Wang, CFO of Lotus Tech, emphasized that the partnership is about “exploring how digital assets and tokenization can create new value” in a sector where customer profiles are increasingly tech-savvy and global. He pointed to the potential of compliant on-chain payment solutions to attract a broader, digitally native buyer base.
Mr. Cai Hua, CEO of Finloop, highlighted his firm’s self-developed RWA platform as a scalable solution for luxury mobility. “We will help Lotus Tech deliver efficient, compliant, and scalable RWA solutions,” he said, noting that together with FOMO Pay, they plan to address the evolving needs of real-world assets beyond just vehicles.
Mr. Zack Yang, Co-Founder of FOMO Pay, described the partnership as a strong model for the wider luxury sector. “FOMO Pay brings multi-rail settlement capabilities that allow Lotus Tech to offer advanced payment options,” he added, reinforcing the firm’s commitment to advancing payment infrastructure for RWAs.
This announcement comes as automakers worldwide experiment with blockchain integration. BMW and Mercedes have explored NFT collections and supply chain tracking, but the Lotus–Finloop–FOMO Pay collaboration is one of the first to address full-fledged asset tokenization for actual vehicle purchases and ownership rights.
The partnership also aligns with broader regulatory trends in digital assets. Both Finloop and FOMO Pay operate under licensed frameworks in multiple jurisdictions, offering Lotus a compliance-first route into Web3. This could be crucial as U.S. and Asian regulators gradually clarify rules for RWA tokenization.
Analysts suggest that if the pilot succeeds, it could pave the way for other luxury brands to follow suit. “Tokenizing a high-value asset like a premium electric vehicle makes sense because it adds liquidity, transparency, and programmability,” said an industry analyst on condition of anonymity. “The challenge remains regulatory alignment across borders, but having licensed partners mitigates that risk.”
The MOU is non-binding, and actual implementation hinges on successful negotiations and regulatory approvals. The companies caution that forward-looking statements involve uncertainties, as detailed in Lotus Tech’s SEC filings. No timeline has been set for launching commercial products.
Nevertheless, the partnership signals a concrete step toward integrating traditional automotive finance with decentralized technology. For Lotus Tech, currently traded on Nasdaq, this could differentiate its brand in a crowded EV market. For Finloop and FOMO Pay, it’s an opportunity to demonstrate RWA tokenization at scale in a high-visibility sector.
Lotus Technology Inc. delivers luxury lifestyle EVs with design and engineering roots in the UK and rapid scaling via Chinese R&D. The company has shaped automotive culture for nearly eight decades.
Finloop Finance Technology Holding Limited, incubated by Fosun Wealth Holdings, operates Asia’s first one-stop RWA technology, issuance, and distribution platform. It serves institutional clients across cash management, funds, bonds, and virtual assets.
FOMO Pay, founded in 2015, is a licensed payment institution in Singapore, Hong Kong, and the Middle East. Its product suite includes FOMO Payment, FOMO iBiz, and FOMO Treasury, covering digital payments, banking, and asset solutions.
For more information, visit www.group-lotus.com, www.finloop.hk, and www.fomopay.com.
This article has been updated with additional context and analysis. The original press release was issued on July 28, 2026.
