Yili Holdings, a Hong Kong-listed company, plans to issue blockchain vouchers on the Ethereum network, as announced on October 11. The initiative involves Yili Graphite Co., Ltd., a wholly-owned subsidiary, and Goldpay Limited, who signed a cooperation agreement on October 10, 2025. The vouchers, identified as code 76 or V76, will have a maximum supply of 1 billion and will be tradable on cryptocurrency exchanges against mainstream stablecoins around the clock. This move follows Yili Holdings' earlier announcement in July to issue nearly HK$20 million in convertible bonds aimed at advancing Web3.0 development. The blockchain vouchers are designed to be redeemable for commodities on the platform, marking a significant step in integrating blockchain technology into traditional business operations.
Yili Holdings to Launch Blockchain Vouchers on Ethereum
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