Lotus Tech teams with Finloop, FOMO Pay to explore vehicle tokenization

Reuters2026/07/28 10:01

By:Reuters

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Lotus Technology signed a non-binding MOU with Finloop, FOMO Pay to explore tokenization of vehicles, digital-asset payments, tokenomics models.
Workstream targets compliant asset issuance, tokenization, distribution, on-chain payment services for vehicle purchases.
Finloop to provide RWA tokenization via its FinRWA platform; FOMO Pay to support multi-rail digital payments, on-chain settlement.
Definitive agreements still under negotiation; scope, terms remain subject to final documentation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lotus Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607280600PRIMZONEFULLFEED9799129) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lotus Tech teams with Finloop, FOMO Pay to explore vehicle tokenization

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