BlockBeats reported on March 16th that Citigroup, PwC, and Solana jointly completed a proof-of-concept (PoC) for trade finance tokenization. This allows suppliers to issue tokenized payment certificates, which can be sold to banks at a discount, enabling instant settlement instead of waiting months. This signals another move by traditional financial giants to explore real-world RWA assets on the Solana blockchain.
Citigroup, PwC, and Solana jointly complete a proof-of-concept for trade finance tokenization.
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Summary
BlockBeats reported on March 16th that Citigroup, PwC, and Solana jointly completed a proof-of-concept (PoC) for trade finance tokenization. This allows suppliers to issue tokenized payment certificates, which can be sold to banks at a discount, enabling instant settlement instead of waiting months. This signals another move by traditional financial giants to explore real-world RWA assets on the Solana blockchain.
Source:KuCoin News
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