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Supply@ME Capital discusses its alliance with VeChain Foundation

Published: 12:35 04 Jul 2022 BST

Supply@ME Capital PLC (LSE:SYME) chief executive Alessandro Zamboni joins Proactive after signing an agreement for the VeChain Foundation to provide up to US$10mln of funding for the first transactions from its inventory monetisation service.

He says: 'This is very important because it is the first one'.

VeChain will directly subscribe up to US$10mln of non-fungible token-based inventory monetisation transactions, of which roughly US$1.5mln is immediately available to fund the first transaction.

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