TechFlow news, on October 16, according to information disclosed by the Hong Kong Stock Exchange, Hong Kong-listed company Singularitec Guofeng issued a supplementary announcement regarding the tokenization of its baijiu raw liquor RWA on a virtual asset operating platform. It stated that the company did not participate in the issuance, promotion, or sale of the RWA tokens, nor did it provide any financial support, guarantees, or indemnity assurances for the RWA token project. All contractual obligations and regulatory compliance responsibilities are borne by Chunlianda, the special purpose vehicle, and its designated service providers.
Earlier reports indicated that Hong Kong-listed company Singularitec Guofeng disclosed plans to launch a baijiu asset RWA project and intends to issue RWA tokens worth 500 million HKD on the BNB Chain.
