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

on September 5, Ma Shang Consumer Finance released the first financial blockchain management platform for consumer finance companies in the country at the "2025 Smart Expo · Digital Industry Ecological Conference". With the platform, Ma Shang Consumer Finance successfully issued the "An Yi Hua 2025 Third Phase Personal Consumer Loan Asset-Backed Securities". According to the person in charge of Ma Shang Consumer Finance, this is the first credit asset-backed securities in the country to use blockchain technology. Subsequent financial bonds, asset-backed securities, and other financial products will regularly use this platform technology to continuously expand the application boundaries of blockchain in the consumer finance field. (Pengpai)