On September 1, according to official news, Walnut Capital (stock code: 905), a Hong Kong-listed company, became the first listed company to reserve CP tokens.
Walnut Capital will hold CP as a reserve, and Golden Elephant will strive to promote the use of CP in more application scenarios. They will also jointly promote Web3 ecosystem initiatives, facilitate the listing of CP on compliant trading platforms, and explore the implementation and development of the Real World Asset (RWA) Fund and the CP Chain ecosystem project.
It is reported that CP, as the core asset of CP Chain, the public chain under CoinUp.io, has been deeply embedded in the trading platform ecosystem, including new coin subscription, on-chain project participation, fee reductions, governance voting and other links. It is regarded as the most important and only strategic asset of the CoinUp platform.
CP Chain also has enormous potential in connecting CEXs with decentralized on-chain assets, and is poised to become a key infrastructure for the on-chain integration of traditional financial assets. Golden Elephant is actively promoting the use of CP Coin by Hong Kong and US-listed companies. It will collaborate with more listed companies to explore the application of real-world assets (RWA) based on CP Chain, further expanding its capital operations.
CoinUp.io stated that it will continue to promote CP as a treasury reserve for multiple listed companies.
