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BANK OF CHINA INVESTMENT ARM ISSUES TOKENIZED NOTES ON ETHEREUM

blockworks.co2 min read

Summary from the TLDR Crypto newsletter

Bank of China's investment arm, BOCI, in partnership with UBS, has issued tokenized notes worth approximately $28 million on the Ethereum blockchain in Hong Kong. This event marks the first issuance of a digital note by a Chinese financial institution in the region, amidst Hong Kong's efforts to establish itself as a crypto hub.