The first credit asset-backed securities using blockchain technology issued by a national consumer finance company

According to Odaily Planet Daily, Mashang Consumer Finance launched the nation's first financial blockchain management platform for consumer finance companies at the 2025 Smart China Expo Digital Industry Ecosystem Conference. Leveraging this platform, Mashang Consumer Finance successfully issued the "An Yi Hua 2025 Third Phase Personal Consumer Loan Asset-Backed Securities." According to a representative from Mashang Consumer Finance, this is the first credit asset-backed security issued by a national consumer finance company using blockchain technology. Subsequent issuance of financial bonds, asset-backed securities, and other financial products will routinely utilize this platform's technology, continuously expanding the application of blockchain in the consumer finance sector. (Jinshi)