POSCO brings trade receivables to Avalanche in tokenization move

South Korea's POSCO, a $22 billion trading company, is bringing trade receivables to Avalanche in its latest tokenization move, working with Olea and Intain on the transaction. The deal follows a pilot on Injective with LG CNS last month.

• Tokenizing trade receivables aims to put invoices and payment rights on-chain for more efficient settlement.
• The move extends a growing push by Asian industrial giants into real-world-asset tokenization.