Lotus Tech teams with Finloop, FOMO Pay to explore vehicle tokenization
LOT•Definitive agreements still pending
The companies said definitive agreements are still under negotiation, and the scope and terms remain subject to final documentation.
Finloop and FOMO Pay roles in the proposed framework
Finloop is set to provide real-world asset tokenization through its FinRWA platform, while FOMO Pay would support multi-rail digital payments and on-chain settlement.
Lotus Technology signs non-binding MOU for tokenization workstream
Lotus Technology signed a non-binding MOU with Finloop and FOMO Pay to explore tokenization of vehicles, digital-asset payments and tokenomics models.
The workstream targets compliant asset issuance, tokenization, distribution and on-chain payment services for vehicle purchases.
