News linked to both this project and an event.
Ondo has launched an in-kind conversion system that allows approved institutions to directly mint or redeem tokenized shares using their existing stock holdings without requiring additional cash, aiming to reduce financing costs.
According to National Business Daily, in response to market attention, BYD disclosed that all of the company's investments are direct investments by BYD Company Limited, without managing third-party funds or funds from any executives personally. Therefore, Wang Chuanfu personally did not directly invest in Changxin Technology. BYD Company Limited indirectly participated in Changxin Technology's Series A financing in December 2020 through an investment in Guangdong Efang Changda Venture Capital Partnership (Limited Partnership).