Tokenization
CAR to tokenize 1,700 hectares of land using meme coin
Touadéra announced that over 1,700 hectares of land in the region will be tokenized through the controversial Solana-based meme coin CAR.
Jun 4, 2025
Touadéra announced that over 1,700 hectares of land in the region will be tokenized through the controversial Solana-based meme coin CAR.
Following $CAR’s launch on Sunday, several concerns were raised about the possibility that Touadéra was hacked.
Faustine-Archange Touadéra appeared to have announced the launch of the $CAR memecoin on social media in a manner typical with hacking scams.
Hundreds of Central Africans participated in the scheme, with some depositing their life savings worth millions of CFA francs. Â
Despite facing several challenges since its launch, the Sango project announced the tokenization of its land and natural resources.
The company has proposed a system to tokenize real estate assets and use them as collateral for loans.
Non-nationals of the country can now hold rights to the country’s mineral resources by investing in the Sango coin.
Figures show 50% of countries with available data experienced an increase in consumer prices in March.
The move follows widespread calls for a change of currency and to end French representation in key decision-making bodies
