📢 Ethereum Marks a Milestone — China’s First State-Backed RWA Bond Goes On-Chain

🇨🇳 Shenzhen’s state-owned enterprise has issued the nation’s first Ethereum-based digital bond, moving into blockchain-powered finance while still upholding its ban on crypto trading.

🔹 Issuer: Futian Investment Holding

🔹 Size: ¥500M (~$70M)

🔹 Interest: 2.62% annually

🔹 Maturity: 2 years

The offering highlights how China is adopting blockchain for financial innovation via Hong Kong, even as Beijing maintains strict restrictions on crypto mining and trading since 2021.

👉 This shows China’s dual stance:

✅ Embracing tokenization & RWA bonds for global finance

❌ Rejecting cryptocurrencies as tradable assets

With Hong Kong acting as a gateway, more state-backed blockchain experiments could follow.

#ETH #RWA #DigitalAssets #AltcoinTreasury $ETH $BTC

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