Dubai-based Terra Nexus signs MoU with Sinohydro Bureau 6 Co., Ltd. to advance RWA token WFCA into commercialization phase

Dubai-based Terra Nexus has signed a memorandum of understanding with Sinohydro Bureau 6 Co., Ltd. to jointly develop mineral resources in West Africa and promote the commercialization of the real-world asset-backed token WFCA. WFCA will be backed by diamonds and rare metals, and is committed to building a new financial model connecting blockchain and the real economy, providing support for asset tokenization, cross-border settlement, and other application scenarios. [Odaily Planet Daily News]