CITIC Trust's Subsidiary Launches RWA Token on Ethereum with Convertible Promissory Note

BlockBeats News, September 10th, CCB Trust, a wholly-owned overseas platform of CCB Trust, and Hong Kong virtual asset licensee EXIO Group jointly issued the first Real World Asset (RWA) token $EXCB-25 utilizing a convertible preferred note on the Ethereum mainnet.

It is reported that this model supports stablecoin subscription through a note structure, reducing costs and improving on-chain asset ownership efficiency.