TechFlow, September 10 — According to Hong Kong media "Herald Tribune," CITIC Trust's wholly-owned overseas platform, CITIC Wealth International Capital Limited, has announced that its offshore trust-licensed entity is collaborating with Hong Kong-licensed virtual asset exchange EXIO Group to launch Hong Kong's first real-world asset (RWA) digital token using convertible preferred notes (token name: $EXCB-25, on Ethereum mainnet), accepting stablecoin subscriptions. CITIC Wealth, serving as a state-owned Chinese trust service provider in the RWA issuance process, will provide core registration services for verifying ownership information linking on-chain and off-chain assets.
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