Shangao Holdings Issues $40 Million Tokenized Notes on HashKey Chain

Hong Kong has taken a significant step forward in its financial landscape with Shangao Holdings launching the city’s first tokenized corporate notes, marking a groundbreaking development for blockchain-based finance. This innovative issuance involves GF Securities and HashKey Group as partners, utilizing the HashKey Chain, an Ethereum Layer 2 solution by the HashKey Group, to create a new avenue for real-world assets on the blockchain.