
Patricia
@patricia01
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Jade City, a real-world asset (RWA) platform, is planning to launch its token by the end of the year, with the firm aiming to change the way precious commodities are accessed and traded.
There are two business segments, Jade Vault and Jade City, the firm’s CEO William Ralston Saul told CryptoNews. The jade mining and tokenization businesses have already made significant strides with fund raising intiatives and in the world of digital finance and precious minerals, said Ralston Saul.
So far, Jade Vault, the jadeite storage and trading company has raised $2.1 million to kickstart the production of a jade mine in Kazakhstan. This investment is a critical step towards tapping into one of the world’s most coveted and historically significant gemstones.
Simultaneously, Jade City is planning to secure $1.8 million in a private funding round. So far, Jade City has raised $300,000 bringing the total capital raised for the Jade business to $2.4 million 0 reply
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