CoinVoice has recently learned that, according to Securities Daily, Left Bank Xinhui (Shanghai) Data Technology Co., Ltd. has launched the first RWA project in the agricultural field, the 'Maluzhu Grape RWA,' while completing a 10 million yuan equity financing. The project is jointly promoted by the Shanghai Data Exchange and the Malu Town Economic Development Service Center, among others, aiming to explore innovative applications of data elements.
As the project operator, Left Bank Xinhui integrates agricultural products and their production data into project assets based on the SwiftLink management platform. Maluzhu grape, as a representative agricultural product brand of Shanghai, has a development history of over 40 years. This financing will be used for the construction of smart agricultural infrastructure, development of agricultural product traceability systems, and optimization of supply chain management.
The Shanghai Data Exchange stated that it will promote more enterprises to carry out innovative applications of data elements around scenarios such as smart agriculture, smart parks, and new energy infrastructure. This project is an important practice for developing new productive forces in the agricultural field based on data elements, which is expected to enhance the competitiveness of characteristic industries and provide new momentum for agricultural modernization. [Original link]
