Hong Kong-listed company Singularity Guofeng announced that its tokenization of liquor raw liquor RWA has been issued on the ADG platform

PANews reported on September 9 that Hong Kong-listed company China Singularity Guofeng Holdings Co., Ltd. (stock code: 1280) announced that its liquor raw liquor and shareholder shares are used as the underlying assets of real-world assets (RWA) products, and have been officially issued on ADG, a decentralized RWA issuance management platform deployed on Binance Chain. The initial planned issuance scale is HK$500 million, and the first phase issuance is HK$100 million. The company said that RWA tokenization will help liquor culture go global and lay the foundation for the integration of technology, finance and industry.