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Asset-Backed + Transaction-Driven! MI Launches Supply Chain Finance Service valued at USD 500 Million to U.S. Renewable Energy Players
Prnewswire· 2026-02-17 14:15
Core Viewpoint - The company, NFT Limited, is launching a technology-enabled supply chain finance service valued at USD 500 million aimed at supporting large-scale renewable energy projects in the U.S. [1] Group 1: Company Overview - NFT Limited, formerly known as Takung Art Co Ltd., operates an online platform for trading digital artwork and is exploring multiple revenue streams, including NFT gaming [1] - The company’s new supply chain finance service will provide structured procurement financing, supplier payment solutions, and settlement services linked to tangible assets [1] Group 2: Financial Details - The supply chain financing framework agreement with Solarlink Group Inc. allows for the procurement of up to 1.2 GW of solar module components annually at an estimated cost of USD 0.15 per watt [1] - Revenue generation from the new service will come from interest income, service fees, and data service fees [1] Group 3: Strategic Implications - The expansion into supply chain finance is expected to diversify the company’s revenue, enhance cash-flow visibility, and position it at the intersection of energy infrastructure, industrial manufacturing, and fintech-enabled financial services [1]