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Home News CITIC Trust’s Subsidiary Launches RWA Token on Ethereum with Convertible Promissory Note

CITIC Trust's Subsidiary Launches RWA Token on Ethereum with Convertible Promissory Note

BlockBeats News, September 10th, CCB Trust, a wholly-owned overseas platform of CCB Trust, and Hong Kong virtual asset licensee EXIO Group jointly issued the first Real World Asset (RWA) token $EXCB-25 utilizing a convertible preferred note on the Ethereum mainnet.

It is reported that this model supports stablecoin subscription through a note structure, reducing costs and improving on-chain asset ownership efficiency.

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