Yuta Logistics Technology receives $150 million strategic investment from Huaying Holdings, plans to explore RWA and stablecoin applications
ChainCatcher news, Nasdaq-listed Yuita Logistics Technology announced that Solomon Capital Fund SPC-Solomon Capital SP9, a US dollar fund under Huaying Holdings, has made a strategic investment of $150 million. The two parties will jointly explore the tokenization of logistics assets (RWA) and innovations in stablecoin applications.
Yuita Logistics Technology previously announced plans to acquire 15,000 BTC, with a total transaction amount of up to $1.5 billion. In addition, the company also stated that it is actively researching relevant regulatory details and plans to apply for a stablecoin issuance license after the Hong Kong stablecoin regulations come into effect.
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