Hong Kong launches the world's first green security token offering for electric vehicle charging networks

2024-05-19 10:28:03

Collection

ChainCatcher news, Hong Kong launches the world's first green security token offering (G-STO) aimed at the electric vehicle charging network. This G-STO is jointly launched by local electric vehicle solution provider XECO and the licensed institution Gopher Financial Technology (Hong Kong) Limited.

It is reported that this green security token offering will be launched on the Ethereum blockchain, currently only available to professional investors. Each participant can instantly understand the usage of products or services related to electric vehicle charging projects and estimate returns based on business performance. By utilizing Ethereum blockchain technology, the G-STO lowers the financial threshold of the private equity market while incorporating traditional measures such as KYC/AML (Know Your Customer/Anti-Money Laundering) compliance, business governance, risk assessment, and annual financial audits.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.