China Tightens RWA Tokenization Controls As LiquidChain Raises Over $526K In Ongoing Presale
China is reportedly increasing oversight of public RWA tokenization to curb capital flight, steering activity toward permissioned, state-backed blockchains instead of open crypto networks. Against this backdrop of fragmented global liquidity, LiquidChain is promoting a unified cross-chain execution layer for Bitcoin, Ethereum, and Solana and has raised $526,615.32 in its presale at a token price of $0.01355. The project positions its $LIQUID token as core fuel for this interoperability infrastructure aimed at easing cross-chain friction.