TechFlow news, September 1 — According to an official announcement, Walnut Capital (stock code: 905), a listed company on the Hong Kong stock exchange, has become the first publicly traded company to reserve CP tokens.
Walnut Capital will hold CP as part of its reserves, and Golden Elephant is actively promoting broader use cases for CP. The two parties will jointly advance 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, the core asset of CoinUp.io's public blockchain CP Chain, is deeply integrated into the exchange's ecosystem, playing key roles in new token subscriptions, participation in on-chain projects, fee discounts, governance voting, and other areas. It is regarded as the most important and sole strategic asset within the CoinUp platform.
Meanwhile, CP Chain holds significant potential in bridging centralized exchanges (CEX) and decentralized on-chain assets, positioning itself as critical infrastructure for tokenizing traditional financial assets. Golden Elephant is actively encouraging Hong Kong and U.S.-listed companies to adopt CP, and plans to collaborate with more listed firms at the appropriate time to explore real-world asset (RWA) applications based on CP Chain, further expanding capital operation opportunities.
CoinUp.io stated it will continue promoting CP as treasury reserves for multiple listed companies.
