Hong Kong launches the world's first green security token offering for new energy vehicle charging networks
2024-05-19 02:25:21
Hong Kong launched the world's first green security token issuance for the new energy vehicle charging network. This G-STO issuance was jointly launched by XECO, a local new energy vehicle solution provider in Hong Kong, and Gaopu Technology Finance (Hong Kong) Co., Ltd., a licensee of the Hong Kong Securities Supervision Commission. It is reported that the green security token issuance will be launched on the Ethereum blockchain. Currently only for professional investors, each participant can instantly understand the use of products or services for new energy vehicle charging projects, and estimate returns based on business performance. By using Ethereum blockchain technology, G-STO lowers the financial threshold of the private equity market and combines KYC/AML (know your customer/fight money laundering) compliance, business governance, threat and risk assessment and annual Traditional measures such as financial audits.
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