According to ChainCatcher, RWA platform Jade City has completed the first shipment of jadeite from its mining partners, delivering the jadeite to storage facilities in Guangdong, China. The shipment marks a key step in Jade City's plan to profit from jadeite sales and launch its RWA tokenization platform.

The Jade City platform will allow investors to enter the jadeite market, and the RWA tokenization platform is expected to be officially launched by the end of 2024.

In addition, Jade City plans to issue jadeite-backed bonds to provide investors with high-yield physical jadeite tokens.