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Yimutian Inc. and BC Technology Enter into Strategic Cooperation to Promote the Development of Agricultural RWA Products
Globenewswire· 2025-10-02 13:46
Core Viewpoint - Yimutian Inc. and BC Technology have signed a strategic cooperation agreement to enhance the digital transformation of global agricultural trade through collaboration in cross-border payment, agricultural RWA product development, and new business scenarios [1][4][6]. Group 1: Strategic Cooperation - The cooperation will leverage Yimutian's agricultural industry resources and BC Technology's digital asset services to promote the digital transformation of agricultural trade [1]. - Yimutian plans to purchase no less than US$12 million worth of digital assets in three batches to optimize cross-border trade capital flow for agricultural products [4]. - The partnership aims to create innovative benchmarks for integrating the agricultural industry with digital assets [1][4]. Group 2: Agricultural RWA Market Potential - The global RWA market is projected to reach US$16 trillion by 2030, with significant potential in the agricultural sector [2]. - In China, there are many dormant agricultural assets that can be unlocked through asset digitization, addressing financing and supervision issues [2]. Group 3: Yimutian's Role and Services - Yimutian is the largest agricultural B2B digital service enterprise in China, serving nearly 60 million users across over 2,800 counties with more than 15,000 types of agricultural products [3]. - The company focuses on transforming and upgrading the rural industry through digital technology, streamlining the agricultural product transaction process [9]. Group 4: Areas of Focus in Cooperation - In cross-border payment, the focus will be on compliant digital payment solutions to enhance efficiency in global agricultural trade [4]. - For agricultural RWA product innovation, Yimutian will provide high-quality agricultural products as underlying assets, while BC Technology will assist in product design and compliance [5]. - The exploration of new business scenarios will include cross-border trade of agricultural products and international order-based cultivation [6]. Group 5: Leadership Insights - The CEO of Yimutian emphasized the importance of digital transformation in global agricultural trade and the alignment of BC Technology's capabilities with Yimutian's strategic needs [7]. - The cooperation is seen as a way to transform traditional agricultural assets into products for the international market, enhancing the value realization model from field assets to the global capital market [7].