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Used car startup Kavak has issued nearly $1 million in tokenized commercial paper

Used car startup Kavak has issued nearly $1 million in tokenized commercial paper

CointimeCointime2024/07/04 03:55
By:Cointime

Kavak, a startup in the Latin American used car business, has issued tokenized debt to invest in the Brazilian auto market. According to local sources, the company has used the tokenization platform Liqi to issue nearly $1 million in tokenized commercial bills and plans to issue over $5 million.

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