Aid Finance upgrades Class 1 license to expand RWA distribution business

According to Golden Finance, Ed Finance announced that its Ed Securities Futures has been approved by the Hong Kong Securities and Exchange Commission to upgrade its Class 1 regulated activity license and will actively expand the field of tokenized entity assets (RWA). By obtaining permission to distribute tokenized securities, the product scope will further expand to cover cryptocurrencies, traditional and digital securities. It is reported that Eid Finance has previously launched Hong Kong's first silver RWA project with Tianshi Resources, supporting the tokenization of silver assets through blockchain technology.