Futian Investment don launch di first Public RWA Bond for Ethereum
Chinese state-owned company wey dem call Futian Investment Holding don issue di first public Real-World Asset (RWA) bond for Ethereum blockchain. For August 29, di company wey dey Shenzhen launch one 500 million yuan offshore digital bond for Hong Kong wey go mature for two years, and di interest rate na 2.62%. Dis move show say China dey start dey use tokenisation and digital assets more, even tho dem ban crypto well well in 2021. Futian talk say dis Ethereum-based RWA bond go open global finance better, improve money structure, and take advantage of Hong Kong policy. Even tho dis bond na traditional financing instrument, e show say China dey carefully accept blockchain tech. Traders suppose see dis as sign say Ethereum network go dey more used and more institutions go start like digital asset tokenisation.
Bullish
Di state-owned Chinese company bin release public RWA bond for Ethereum blockchain na big step towards institutions to start using blockchain teknolojii. Tokenization tinings like Societe Generale EUR bond for Tezos before don increase demand and network activities for dat blockchain wey dey inside. Short time, dis 500 million yuan digital bond wey dem dey issue and trade go bring extra on-chain activities and small ETH demand for transaction fees. For long term, successful public RWA offerings fit build confidence among other companies and financial institutions, fit even increase demand for Ethereum infrastructure. For traders, dis development na sign say real-world assets dey get tokenization wey fit support bullish view for Ethereum and related DeFi markets.