🚨 HISTORIC FIRST: China Launches State-Backed Ethereum Bond! 🇨🇳🔥
The Great Firewall still blocks crypto… but not the blockchain revolution.
In a move that's sending shockwaves through global finance, a state-owned Chinese firm just issued 500 million yuan ($70M) in Ethereum-based RWA (Real World Asset) bonds — all while crypto remains banned on the mainland. 👀💥
📍 Where? Through Futian Investment Holding, based in Shenzhen, with the issuance routed via Hong Kong — China’s digital finance sandbox.
📈 2.62% interest over 2 years. No tokens, no coins — just real-world finance on-chain.
Why does this matter? ✅ First state-backed Ethereum bond from China
✅ Shows Beijing is betting on blockchain, not crypto
✅ Proof that tokenization is the future of finance
✅ A glimpse into how the world's largest economy may embrace Web3 — on its own terms
💡Crypto may be banned, but blockchain is not dead in China. Instead, it’s evolving — quietly, powerfully, and on Ethereum.
🌏 The East is not ignoring Web3… it’s building its own version.