Guangdong Launches First Token Economy Financial Product in Haizhu

Bank of China Guangzhou introduces 'Hash Rate Token Loan' for SMEs, using token consumption and order financing as credit metrics. 28M yuan allocated.

Woofun AI reports that Haizhu District in Guangzhou has introduced the first specialized financial product for the token economy in Guangdong Province. The Bank of China Guangzhou branch developed the "Hash Rate Token Loan" to support small and medium-sized enterprises in the hash rate sector. Loan amounts are determined by contract values or token consumption levels, with guarantee options including credit support, accounts receivable staking, and order financing. Combined guarantees such as suretyship and collateral can further increase loan limits. New companies may apply based on orders if they provide proof of continuous operations from existing partners or offer collateral. The Bank of China has allocated 28 million yuan in credit funds for these pilot projects.