Paraguay government to invest $6 million to acquire tokenized equity based on Polkadot

According to ChainCatcher, the Paraguay government will invest $6 million in tokenized equity in Polkadot to develop Asuncion Innovation Valley, projects include a hotel, a university and a data center, according to Cointelegraph. The investment aims to promote local economic development. In terms of tokenized equity, this project will use blockchain technology to provide transparency and democratize equity acquisition methods. The project is expected to be completed in 2025, and no specific implementation details and timetable have been disclosed.