{"id":45312,"date":"2025-09-02T14:17:07","date_gmt":"2025-09-02T14:17:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45312"},"modified":"2025-09-02T14:17:07","modified_gmt":"2025-09-02T14:17:07","slug":"ethereum-scores-milestone-as-chinese-firm-floats-1st-public-rwa-bond","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45312","title":{"rendered":"Ethereum Scores Milestone As Chinese Firm Floats 1st Public RWA Bond"},"content":{"rendered":"
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China has taken another step into blockchain-based finance, but in a way that avoids direct involvement with cryptocurrencies.<\/p>\n

A state-owned firm in Shenzhen has launched a digital bond offering on Ethereum, showing how the country is selectively embracing new technology while keeping its hard stance on crypto trading in place.<\/p>\n

First State-Backed RWA Bond On Ethereum<\/h2>\n

According to reports, Futian Investment Holding<\/a> completed a 500 million yuan issuance of offshore bonds on August 29.<\/p>\n

The bonds<\/a>, equal to nearly $70 million, were rolled out in Hong Kong and listed on the Ethereum blockchain. They carry a 2.62% annual interest rate and will expire in two years.<\/p>\n

The company described the deal as part of an effort to expand its funding sources while also responding to the growing use of real-world assets and tokenization in global markets.<\/p>\n

It also pointed to Hong Kong\u2019s supportive policies as a factor in the decision, saying the bond aligns with the district\u2019s push to attract digital asset innovation.<\/p>\n

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\"\u26a1\" #UZX<\/a> BREAKING NEWS #RWA<\/a><\/p>\n

Futian Investment Holding Announces Issuance of the World\u2019s First Public RWA Digital Bond on a Public Blockchain pic.twitter.com\/E2sGIJZdwl<\/a><\/p>\n

\u2014 UZX Official (@UZX_Official) September 2, 2025<\/a><\/p>\n<\/blockquote>\n

Crypto Still Off-Limits At Home<\/h2>\n

The move does not mean that China has softened its ban on crypto or Ethereum. Back in 2021, Beijing imposed a full ban on crypto mining and trading.<\/p>\n

Officials at the time said the measures were needed to control energy use and to guard against risks that might destabilize the country\u2019s financial system.<\/p>\n

<\/p>\n

That ban remains in effect today. Ordinary citizens and companies in mainland China are still blocked from using or trading cryptocurrencies<\/a>.<\/p>\n

What is allowed, however, are limited experiments like tokenized bonds that stay within the bounds of traditional finance.<\/p>\n

Hong Kong As A Testing Ground<\/p>\n

By routing the deal through Hong Kong, Beijing can keep its domestic ban intact while still signaling that it wants exposure to blockchain-based finance.<\/a><\/p>\n

The bustling metro has been given more room to try out digital asset projects, and this latest bond fits into that role.<\/p>\n

\"\"<\/p>\n

China\u2019s strategy delineates a clear split: blockchain as a tool for finance is embraced in regulated manifestations, while crypto as an unfettered market asset is still off-limits.<\/p>\n

Stablecoins<\/a>, particularly dollar-denominated stablecoins, have also attracted scrutiny in Beijing, with officials concerned that they can undermine other currencies based around the world.<\/p>\n

Reports suggest this RWA<\/a> bond may be the first in a series of state-backed blockchain and Ethereum financial products tied to Hong Kong.<\/p>\n

For now, the issuance shows China\u2019s intent to cautiously explore blockchain without reopening the door to Bitcoin, stablecoins, or wider crypto adoption.<\/p>\n

Featured image from Agoda, chart from TradingView\u00a0<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

China has taken another step into blockchain-based finance, but in a way that avoids direct involvement with cryptocurrencies. A state-owned firm in Shenzhen has launched a digital bond offering on Ethereum, showing how the country is selectively embracing new technology while keeping its hard stance on crypto trading in place. First State-Backed RWA Bond On […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45312","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45312"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45312\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}