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Paraguay Government to Invest $6 Million in Tokenized Equity on Polkadot Platform

Summary: According to Cointelegraph, the Paraguay government will invest $6 million in tokenized equity on Polkadot for the development of the Asuncion Innovation Valley, which includes a hotel, university, and data center. The investment aims to boost local economic development. The project will utilize blockchain technology for transparent and democratized equity acquisition. It is expected to ...

According to Cointelegraph, the Paraguay government will invest $6 million in tokenized equity on Polkadot for the development of the Asuncion Innovation Valley, which includes a hotel, university, and data center. The investment aims to boost local economic development. The project will utilize blockchain technology for transparent and democratized equity acquisition. It is expected to be completed by 2025, with specific implementation details and timeline yet to be disclosed.

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