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Hongqiao Group has reached a strategic cooperation with Oriental Ecolink to establish a digital ecosystem for RWA timber assets.

By: theblockbeats.news|2025/08/08 14:51:31

BlockBeats News, August 8th. Hong Kong-listed company Hungqiao Group (08137.HK) announced that it has signed a non-legally binding memorandum of understanding with Oriental Yilin, a digital operation service provider for forest assets, on August 8, 2025. Both parties will jointly build a "Forest + Finance + Blockchain" integrated ecosystem to promote the application of Real World Assets (RWA) in the field of forestry.

This move marks Hungqiao Group's official entry into the new RWA track. (Sohu Finance)

A certain smart money increased its ETH long position by acquiring 4000 coins at an average price of $3997, while also holding a 40x leverage Bitcoin long position.

After Ethereum Breaks $4,000, Polymarket Traders Further Bet on Its Price Breaking $4,200 This Month