According to Odaily Planet Daily, Mashang Consumer Finance launched the nation's first blockchain-based financial management platform for consumer finance companies at the 2025 Smart China Expo Digital Industry Ecosystem Conference. Leveraging this platform, Mashang Consumer Finance successfully issued the "Anyihua 2025 Third Tranche Personal Consumer Loan Asset-Backed Securities."

According to a representative from Mashang Consumer Finance, this is the first credit asset-backed security issued by a national consumer finance company using blockchain technology. Subsequent issuance of financial products such as financial bonds and asset-backed securities will routinely utilize this platform technology, continuously expanding the application of blockchain in the consumer finance sector. (Jinshi)