China’s Futian Investment Issues First Public Tokenized Bond on Ethereum

Futian Investment Holding, a Chinese state-owned enterprise, has issued the first publicly offered tokenized bond on the Ethereum blockchain. The offering is valued at 500 million yuan ($70 million) and represents a significant step in expanding global financing channels for state-owned enterprises within China’s financial system. This public bond issuance marks a groundbreaking development as it paves the way for increased investor participation through traditional exchanges, introducing blockchain technology to regulated markets.