China’s Guangdong Grants Small Business Unsecured Loan by Blockchain-based Financing Platform

Jan 3, 2020

To relieve the difficulty of financing cost of small and medium-sized enterprises, Guangdong launched a blockchain-based financing platform and issued the first online unsecured blockchain financing loan in China Thursday. The platform covers 213 types of government data from 26 government a...

Blockchain Arm of Chinese Insurance Giant Ping An Files for $500 Million U.S. IPO on NYSE

Dec 3, 2019

OneConnect, a Chinese company that has been the blockchain arm of insurance company Ping An, filing for a $500 million U.S. IPO on New York Stock Exchange (NYSE) the next Friday. The company priced its offering of 36 million shares of American Depository Share (ADS) at $...

Chinese Giant Ping An’s Blockchain Platform Plans U.S. IPO in November

Sep 23, 2019

Oneconnect, a blockchain platform launched by Shanghai-Ping An Group, the second-largest insurance company in China turns to U.S. for IPO in November. Oneconnect is currently valued at $8 billion and plans to raise $1 billion. Oneconnect has provided services to more than 200 banks,...