- Supply@ME reveals ground-breaking partnership with VeChain.
- This showcases its commitment to improve fintech for manufacturing and trading companies.
- It also shows its dedication towards sustainability and adopting blockchain solutions.
More bullish news for VeChain and VET holders from the SYME 2023 Annual Report. The report revealed Supply@ME’s ground-breaking step in partnering with supply chain blockchain solution titan, VeChain.
According to this report, the partners are set to revolutionize fintech for manufacturing and trading companies across the world. Together, the two entities are creating a new platform for generating cash flow without debt powered by the infinite potential of blockchain technology.
🚀 Exciting times ahead! The #SYME 2023 Annual Report unveils a game-changing partnership with @vechainofficial, aiming to revolutionize fintech for manufacturing & trading companies. Together, we're creating a new platform for generating cash flow without debt, powered by… pic.twitter.com/S9UrLkOIAT
— AprilStrawberry (@APRIL5TRAWBERRY) May 14, 2024
Looking into the report, the Chairman of Supply@ME shares a detailed statement. He highlights the increased interest of tokenizing assets in many areas and how Supply@ME saw this as a big opportunity and went on to discuss the possibilities in more detail.
He says that the viability of tokenisation of inventory had already been demonstrated by the Group’s strategic partnership with the VeChain Foundation and went on to solidify the progress made in structuring a security token framework.
He notes that this step will allow a first security token issuance to be subscribed in tranches mostly by institutional investors who will be active in the digital asset markets. All in all, the company’s partnership with VeChain has opened bullish doors for both parties.
Another perk to partnering with VeCHain is the fact that VeChain makes sustainability a core element of their solutions. This shows Sypply@ME’s commitment and dedication to improve its carbon footprint and elevating sustainability in its role.
VeChain, continues to elevate sustainable measures and now it has made it a point to even reward every sustainable move made by not only companies by every individual across the world. With VeBetterDAO, even the smallest step to sustainability is rewarded.