The first Evergrande Tokenomics Special Financial Product in Guangdong Province, China, called "Token Loan," was launched in Haizhu, Guangzhou

According to Dongzha Beating Monitor, the first Element Finance special financial product in Guangdong Province, China, the "Token Loan," was launched in Haizhu District, Guangzhou. Taking Bank of China Guangzhou Branch as an example, for Haizhu Computing small and medium-sized enterprises, a targeted research and development exclusive financing product—Computing Power Token Loan—has been developed. Based on the contract/Token consumption quota, it can provide credit, accounts receivable pledging, and mainly order financing as the guarantee method. It can also combine guarantees, mortgages, and other combined guarantees to further expand the quota. New companies can also apply for financing based on orders with evidence of continuous operation provided by the original operating company or with guarantees. It is reported that the Bank of China's preliminary single credit funding has reached 28 million yuan.

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