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CITIC Trust's CITIC Xinhui launches RWA digital tokens using convertible priority notes based on the Ethereum main network

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CITIC Trust's CITIC Xinhui launches RWA digital tokens using convertible priority notes based on the Ethereum main network

According to Foresight News, according to Hong Kong Media News, an overseas trust license company under CITIC Trust wholly-owned overseas platform CITIC Trust, announced a partnership with EXIO Group, a Hong Kong licensed virtual asset exchange, to issue the first real-world digital asset (RWA) digital token (token name: EXCB-25, Ethereum main network) in Hong Kong, supporting subscription with stablecoins. As a Chinese state-owned background trust service institution in the RWA issuance process, CITIC Xinhui will provide the core rights confirmation information registration function connecting on-chain and off-chain assets.
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