Jade City To Democratize Access To $50B Jade Market With Tokenization Platform

Jade City on Thursday unveiled a new white paper outlining its vision to democratize access to the global $50 billion jade market through the launch of its real-world asset (RWA) tokenization platform.

What Happened: The initiative seeks to provide broader access to a market that has historically been limited to a select few, using blockchain technology to bring transparency and security to the jade value chain.

Jade City's platform will allow investors to participate in the jade market by acquiring its native Jade City Token JCT/USD, a digital asset that enables token holders to benefit from the value generated through the purchase, processing, and sale of jade.

The platform's unique business model includes a "buy and burn" mechanism, which will funnel profits from jade sales back to $JCT holders, ensuring long-term value growth.

A key feature of the platform is its jade-backed bond issuance system, which allows users to earn interest by staking stablecoins.

These bonds are tied to physical jade, providing investors with exposure to an asset class that has seen rising demand, particularly in China, where the jade jewelry market has grown tenfold since the early 2000s, surpassing the diamond market in size.

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"Our white paper offers a comprehensive account of how we will democratize access to the $50 billion-plus jade market for investors who have never had access before," said William Ralston-Saul, CEO of Jade City. "Jade is uniquely positioned to show how real-world asset tokenization can revolutionize an ancient market, making it accessible and lucrative for anyone who wishes to participate."

By partnering with the owners of the world's largest jadeite mine, Jade City has secured substantial holdings in jadeite, a sought-after gemstone in the global market.

Additionally, the company has established key sales channels with major distributors in China, positioning itself to become a leading player in the jade industry.

What’s Next: The upcoming Benzinga Future of Digital Assets event on Nov. 19 is expected to feature discussions on similar RWA tokenization projects and their potential impact on traditional markets.

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