What does “Financing and Financing” mean (from the Finance and Finance Glossary)?

What does “Financing and Financing” mean? According to official news, “Financing and Financing” means to a certain extent the mutual borrowing of funds between one project or company and another project.

“Financing and Financing” is a way for investors or lenders to provide loans through the issuance of tokens. This model allows users to borrow tokens at a certain interest rate, and the borrower can receive corresponding tokens within a certain period of time. When the financing amount provided by the platform exceeds the promised time, it will be automatically sold on the market to achieve the fundraising goals and generate income based on this.

Finance and Financing Encyclopedia

According to Securities Times, on June 17th, the Internet Finance Association released the “2018 Global Financing and Financing White Paper”, which mentioned that during the statistical period in the first three quarters of 2019, more than 100 companies in China conducted equity, debt and other financial product transactions on average every day. From the first quarter of 2017 to the third quarter of 2020, the data shows that there were approximately 1,000 new companies and 5,000 new projects in the whole year of 2019, which is four times higher compared to the same period last year, with a growth rate of 30%.