Hashkey Chain and GF Securities launch the first on-chain company letter from Hong Kong

Hashkey Chain, an advanced Ethereum L2 chain, collaborates with GF Securities, a recognized platform for financial services in Hong Kong. The partnership is intended to redefine conventional financing by offering corporate bonds at the chain. As hashkey chain mentioned in his social media announcement, development underlines a milestone for digital financing sector within the jurisdiction. In general, this step could reform Hong Kong’s bond market by promoting transparency, efficiency and a robust basis for advanced financial products.

Hashkey chain works together with GF Securities to bring Hong Kong’s earliest company memorandum to the chain

As included in her collaboration with GF Securities, Hashkey Chain has announced the effective issue and deployment of the earliest tokenized company letter. The respective instrument is unsecured and senior note with a fixed rate of the US released by Coastal Emerald Limited and Shandong Hi-Speed ​​Holdings Limited guarantees it. GF Securities (Hong Kong) Brokerage Limited plays various crucial roles, including placement agent, arranger, coordinator, custodian for exclusive tokenized effects and blockchain agent.

What can developers expect partnership?

The issue of the issue reportedly affected $ 40 million, making it a remarkable launch in the case of market setting and scale. According to the hashkey chain, the successful issue of the on-chain company bills validates the potential of the integration of blockchain with existing financial mechanisms, while the dependence on mediators is minimized. Moreover, it forms a benchmark for financial products on the chain, allowing developers to build platforms and tools to seamlessly interact with resilient Real-World assets, which accelerates the acceptance of blockchain in the mainstream.