Hong Kong launches world’s first green security token offering for new energy vehicle charging network
Hong Kong has launched the world's first green securities token offering (STO) for the new energy vehicle charging network. The G-STO issuance is jointly launched by XECO, a local new energy vehicle solution provider in Hong Kong, and Gaopeng Technology Finance (Hong Kong) Limited, a licensed institution of the Hong Kong Securities and Futures Commission. It is reported that the green securities token offering will be launched on the Ethereum Blockchain and is currently only open to professional investors. Each participant can instantly understand the product or service usage of the new energy vehicle charging project and estimate the return based on business performance. By utilizing the Ethereum blockchain technology, G-STO reduces the financial threshold of the private equity market and combines traditional measures such as KYC/AML (Know Your Customer/Anti-Money Laundering) compliance, business governance, risk assessment, and annual financial audit.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Despite Bitcoin’s Decline, Tom Lee Maintains BTC Will Still Be the Year’s Best Bet
Fake ‘Investment Education’ Crypto Scams Are Exploding—Regulator Issues Dire Warning
Crypto Podcaster Busted in Vegas After $2M Scam—A Fugitive’s Last Gamble
24 Ways Crypto Investors Are Being Hunted by Cybercriminals—Wallets Drained at Record Speed
Trending news
MoreCrypto prices
More








