Cardano Strategic Copper Reserve | ₳22M RWA Tokenization

Summary

Tokenization of real-world assets (RWAs) offers Cardano an opportunity to connect blockchain infrastructure with the physical economy. The Cardano Strategic Copper Reserve requests a one-time ₳22,000,000 Treasury Withdrawal to Toto Finance Inc., U.S.-based recipient and accountable administrator, to acquire independently verified COMEX Grade 1 copper cathodes in a COMEX-approved U.S. warehouse and tokenize the metal as CuTT. One CuTT economically represents one verified pound of eligible...