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U Power includes IOTX in financial reserves, collaborates to build DePIN + RWA on-chain economic system
Summary: Electric vehicle infrastructure company U Power Limited (NASDAQ: UCAR) has announced a strategic partnership with IoTeX. As an open ecosystem platform driven by DePIN and AI, IoTeX and UCAR will work together to expand the DePIN infrastructure network and advance the tokenization of real-world assets (RWA) on the blockchain. This collaboration will enable UCAR's charging ...
Electric vehicle infrastructure company U Power Limited (NASDAQ: UCAR) has announced a strategic partnership with IoTeX. As an open ecosystem platform driven by DePIN and AI, IoTeX and UCAR will work together to expand the DePIN infrastructure network and advance the tokenization of real-world assets (RWA) on the blockchain.
This collaboration will enable UCAR's charging and swapping station facilities to be registered on-chain, tokenize assets, and manage the entire lifecycle, unlocking the liquidity and programmability of infrastructure assets. This marks the first large-scale implementation of DePIN and AI-driven blockchain technology in the physical energy network.
Both parties also plan to include IOTX in UCAR's long-term asset reserve system and will conduct in-depth business integration around travel infrastructure, jointly creating an RWA tokenization operation mechanism with IOTX as the core value.
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Link: U Power includes IOTX in financial reserves, collaborates to build DePIN + RWA on-chain economic system [Copy]
