The first asset-backed security of consumer finance companies in China utilizing blockchain technology has been launched.

Jinse Finance reported that Mashang Consumer Finance released the nation's first financial blockchain management platform for consumer finance companies at the "2025 Smart Expo · Digital Industry Ecosystem Conference." Relying on this platform, Mashang Consumer Finance successfully issued the "Anyihua 2025 Third Personal Consumer Loan Asset-Backed Securities." According to a relevant person in charge at Mashang Consumer Finance, this is the first asset-backed security for consumer finance companies in the country to use blockchain technology. In the future, the issuance of financial bonds, asset-backed securities, and other financial products will routinely utilize this platform's technology, continuously expanding the application boundaries of blockchain in the consumer finance sector. (Golden Ten Data)