CoinVoice has recently learned that Hong Kong has launched the world's first green security token issuance for new energy vehicle charging networks. This G-STO issuance was jointly launched by XECO, a local new energy vehicle solution provider in Hong Kong, and Gaopu Technology Finance (Hong Kong) Co., Ltd., a licensed institution of the Hong Kong Securities Regulatory Commission.
It is reported that the green security token issuance will be launched on the Ethereum blockchain. Currently, it is only for professional investors. Each participant can instantly understand the use of products or services of new energy vehicle charging projects and estimate returns based on business performance. By utilizing Ethereum blockchain technology, G-STO lowers the financial threshold of the private equity market and combines traditional measures such as KYC/AML (Know Your Customer/Anti-Money Laundering) compliance, business governance, risk assessment and annual financial audits. [Original link]
