According to TechFlame, on September 1, according to an official announcement, the Hong Kong stock listed company Walnut Capital (stock code: 905) announced that it will hold 10 million CoinUp platform coins CP and reached an agreement with CoinUp.io on the future strategic direction. Both sides agree that “traditional financial asset chaining” is

a core trend in the development of the industry.

Walnut Capital will hold CP as a reserve and plans to promote the use of CP in more application scenarios. At the same time, the two sides will jointly promote initiatives related to the Web3 ecosystem, promote CP's compliant exchange listing arrangements, and explore the implementation and development of real world asset (RWA) funds and CP

Chain ecosystem projects.

As the core asset of CP Chain, a public chain owned by CoinUp.io, CP is deeply embedded in the exchange ecosystem, including various aspects such as new currency subscription, on-chain project participation, fee reduction, and governance voting, and is regarded as the most important and only strategic asset of the CoinUp platform.

Walnut Capital said it will explore real-world asset (RWA) applications based on CP Chain at the right time to further expand capital operation space.