No small token: Chinese firms convert prized trees, tea into digital assets

No small token: Chinese firms convert prized trees, tea into digital assets

Global real world asset market surges 115% over the past year to US$35.7 billion, and are backed by traditional financial assets

Nature's NFTs? How These Companies Fractionalize Rare Woods From Trees For Global Trade - Geely Automobile Hldgs (OTC:GELYF)

Chinese companies are tokenizing rare Huanghuali trees and other commodities in an effort to address liquidity issues facing various industries. Digital Tokens For Scarce Resources Firms located on Hainan, a tropical island in China, are capturing images of Huanghuali trees, a scarce species of rosewood, to transform them into digital assets, as reported Zhao Xiaobao, the Hainan representative for Geely Technology Group, a subsidiary of Chinese…