Nature's NFTs? How These Companies Fractionalize Rare Woods From Trees For Global Trade
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Chinese companies are tokenizing rare Huanghuali trees and other commodities to address liquidity issues. Firms in Hainan are converting these trees into digital assets to infuse capital into industries with cash flow problems. Geely Technology Group plans to generate $13 million through tokens in Hong Kong. This marks one of the first attempts at tokenizing biological assets. Other Chinese goods like fine tea and high-end baijiu liquor are also being digitized. Analysts see real-world asset tokenization as a key institutional focus, with major firms like BlackRock and JPMorgan developing projects.
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