Odaily Planet Daily News: CITIC Trust's wholly-owned overseas platform CITIC Xinhui, in collaboration with EXIO Group, which holds a Hong Kong virtual asset license, has successfully issued the first real-world digital asset RWA token EXCB-25 (Ethereum mainnet) using convertible senior notes.

It is reported that this model supports stablecoin subscriptions with a bill structure, reducing costs and improving the efficiency of on-chain asset ownership. (Hong Kong Economic Journal)