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Flowra and KorDA Partner to Explore Gold-Backed Solana Validator Infrastructure

CoinJournal ·

Flowra Ltd. and Korea Gold Exchange Digital Asset Co., Ltd. (KorDA) have signed a 12-month memorandum of understanding to investigate the use of gold-backed digital assets for Solana validator infrastructure. The initiative aims to utilize KGLD as collateral to secure SOL for a proposed validator delegation program. The project remains subject to regulatory review and due diligence.

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Summaries are written by AI from the original article. Not investment advice.

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