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HashKey Chain launches Hong Kong's first enterprise bill tokenization product with a scale of 40 million USD.
【Coin World】HashKey Chain announced that Hong Kong's first enterprise bill tokenization product has completed on-chain deployment and officially issued. This product is a senior unsecured dollar fixed-income tokenized bill, issued by Coastal Emerald Limited, guaranteed by Shanga High Holdings Group Limited (412 HK) (Fitch rating: A-), with GF Securities (Hong Kong) Brokerage Limited acting as the exclusive placing agent, overall coordinator, arranger, blockchain agent, and tokenized securities custodian, with an issuance scale of 40 million dollars. As the first enterprise to deploy a non-physical registered digital native bill on HashKey Chain, this issuance marks a key step in the digitization of Hong Kong's bond market. HashKey Chain stated that this cooperation is a landmark case of traditional financial assets on-chain, fully demonstrating the advantages of its technical architecture in security and efficiency, and laying a solid foundation for the subsequent on-chain of more innovative financial products, helping Hong Kong build the next generation of financial market infrastructure.