Flowra and Korda explore the gold-backed Solana validator infrastructure
2026-09-03 22:21:08
According to CoinMeta, Flowra Ltd has signed a memorandum of understanding with Korea Gold Exchange Digital Asset Company Korda to explore the use of gold-backed digital assets to support the infrastructure for Solana verifiers. Both parties will assess whether it is possible to use the gold-backed digital assets KGLD held by Korda or its authorized affiliates as collateral to ensure the security of SOL. The memorandum of understanding was signed in Seoul and has an initial duration of 12 months. During this period, both parties will evaluate the proposed structure, potential counterparties, and the requirements for launching the delegation plan.
Source:CoinJournal
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