South Korea’s POSCO Expands Blockchain Finance With New Tokenization Deal

TLDR

• POSCO International completed a tokenized trade receivables pilot using an Avalanche-based blockchain network.
• POSCO International America worked with Olea and Intain to carry out the live trade finance transaction.
• Intain used AI to verify invoices, purchase orders, credit notes, and shipping documents before blockchain registration.
• Olea purchased the tokenized receivables with real capital, making the pilot more than a simulated test.
• The Avalanche pilot followed POSCO’s July trial with LG CNS on the Injective blockchain.
• POSCO, Olea, and Intain plan to explore stablecoin-based cross-border settlements and digital treasury tools next.

POSCO International has completed a tokenization pilot using trade receivables on an Avalanche-based blockchain network. The trading company used live business records and real capital in the transaction, extending its work in digital trade finance. The pilot followed a test on Injective in July. Together, the projects show how POSCO is testing blockchain systems for receivables, settlement, and working capital.

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