China Shenzhen SOE Issues $69M RWA Bond on Ethereum Today

Published: September 1, 2025

Last Updated: 19 Aug 2026

Futian Investment Ethereum RWA Bond FTID001

Is Ethereum the Future as China SOE Lists First RWA Bond in Hong Kong?

In a historic step, Futian Investment Holding, a China SOE from Shenzhen, has launched the world’s first RWA digital bond on Ethereum. The offshore RMB bond is worth 500 million yuan ($69M approx.), has a two-year term, and carries a 2.62% coupon rate.

This bond, called FTID TOKEN 001 (FTID001) with the Chinese abbreviation 福币, was issued in Hong Kong. Backed by a Fitch Rating of A-, the move shows strong trust for investors.

About the Author Sara Sethiya

English News Writer at coingabbar.com

Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.