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Hong Kong Stock Exchange-listed company Walnut Capital becomes the first publicly listed company to hold CP Reserves Tokens
BlockBeats News, September 1st, according to official sources, Hong Kong-listed company Walnut Capital (stock code: 905) has become the first listed company to hold CP tokens in reserve.
Walnut Capital will hold CP in reserve and Golden Elephant is actively promoting the use of CP in more application scenarios. At the same time, they will jointly promote initiatives related to the Web3 ecosystem, facilitate CP's listing on compliant trading platforms, and explore the implementation and development of Real World Asset (RWA) funds and CP Chain ecosystem projects.
CP, as the core asset of CoinUp.io's public chain CP Chain, has been deeply integrated into the trading platform ecosystem, including new coin subscriptions, on-chain project participation, fee discounts, governance voting, and other aspects, and is considered the most important and unique strategic asset of the CoinUp platform.
Additionally, CP Chain has tremendous potential in bridging centralized exchanges (CEX) with decentralized on-chain assets and is expected to become a key infrastructure for the tokenization of traditional financial assets. Golden Elephant is actively promoting the use of CP coins by Hong Kong and U.S.-listed companies and will, at the appropriate time, collaborate with more listed companies to explore Real World Asset (RWA) applications based on CP Chain, further expanding capital operation opportunities.
CoinUp.io has stated that it will continue to promote CP as a treasury reserve asset for multiple listed companies.
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