Qidian Guofeng tokenizes raw liquor assets as real world assets
China Qidian Guofeng Holdings Limited announced the tokenization of its raw liquor assets as Real World Assets (RWA) on the ADG platform, a decentralized RWA issuance and management platform deployed on the Binance Chain. A shareholder authorized the use of raw liquor and their shares in the company as underlying assets for this RWA product.
The initial issuance plan totals HK$500 million, with the first phase valued at HK$100 million. This initiative is expected to position the company at the forefront of financial innovation, significantly enhancing its brand value and influence by providing direct access to global capital and diversifying its investor base.
The company believes this RWA issuance will internationalize the Qidian Guofeng brand and Chinese liquor culture, laying a foundation for future integration of technology, finance, and industry, while further enhancing competitiveness and promoting digital transformation.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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