Inventory Monetisation Leveraging NFTs Completed on the VeChai | Apecoin_VeChain_Elrond
Inventory Monetisation Leveraging NFTs Completed on the VeChainThor Blockchain
Supply@ME and VeChain today announced that the NFT underpinning the first Inventory Monetisation transaction has been officially minted on the VeChainThor blockchain. The EUR1.6million transaction will significantly enhance cashflow and access to working capital for a business involved in the design and manufacture of industrial and specialised vehicles in Italy, US and Africa. The development represents a global first, marking the inception of a new model of accessing capital in the supply chain for manufacturing and trading businesses, as well offering a new asset class for investors. When manufacturers secure a buyer for their stock, they then can request to repurchase it before selling to the end customer.
