The first special financial product for the word token economy in Guangdong Province, Token Loan, was launched in Haizhu, Guangzhou.

On August 14, the first special financial product for the token economy in Guangdong Province, "Token Loan," was launched in the Haizhu District of Guangzhou. Taking the Bank of China Guangzhou Branch as an example, a specialized financing product called "Computing Power Token Loan" has been specifically developed for small and micro enterprises in Haizhu. The financing amount is determined based on the contract/token consumption limit and can be secured primarily through credit, accounts receivable pledge, and order financing. It is also possible to combine guarantees, mortgages, and other forms of collateral to further increase the financing amount. New companies can apply for financing based on orders if they provide evidence of continuous operation from an existing business or offer guarantees. It is reported that the preliminary credit funding from the Bank of China has already reached 28 million yuan.