The Hong Kong-listed company Walnut Capital has become the first listed company to reserve CP Token.

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On September 1, according to official news, the Hong Kong-listed company Walnut Capital (stock code: 905) has become the first publicly listed company to reserve CP tokens. Walnut Capital will hold CP in reserve, while Golden Elephant is working to promote the use of CP in more application scenarios. They will also jointly promote Web3 ecosystem-related initiatives, pushing for a compliance trading platform for CP on CEX, and exploring the implementation and development of real-world asset (RWA) funds and CP Chain ecological projects. It is reported that CP, as the core asset of the CoinUp.io public chain CP Chain, has been deeply integrated into the trading platform ecosystem, including new coin subscription, on-chain project participation, fee reduction, governance voting, and other aspects, and is regarded as the most important and unique strategic asset of the CoinUp platform. At the same time, CP Chain has great potential in bridging CEX and decentralized on-chain assets, and is expected to become a key infrastructure for the on-chainization of TradFi assets. Golden Elephant is actively promoting the use of CP coins by Hong Kong and U.S. listed companies and will explore real-world asset (RWA) applications based on CP Chain in collaboration with more listed companies at the right time, further expanding capital operation space. CoinUp.io stated that it will continue to promote CP as the treasury reserve for multiple listed companies.

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