Terra Nexus Enters into an MoU with a Chinese Government-Owned Enterprise "Sinohydro"

Terra Nexus Project Management Service CO.L.L.C S.O.C (Representative: Hidetoshi Tashiro) based in Dubai, UAE, has entered into a memorandum of understanding (MoU) with Sinohydro Bureau 6 Co., Ltd. (hereinafter "Sinohydro"), a Chinese government-owned infrastructure company, regarding a mining partnership for mining resources in the West African region and tokenization of the resources.

This agreement will bring Terra Nexus' real-world tokens (RWA), named "WFCA" (World Friendship Cash Asset), into the full-fledged implementation phase beyond the drawing board, based on the mining partnership with Sinohydro, which will encompass joint field development.

Overview of the partnership

• Sinohydro is a Chinese government-owned construction company engaging in infrastructure projects in over 70 countries across the world.
• The MoU will trigger collaborations in the following fields:

1. Exploration and mining of diamond, gold, and rare metal mines in West Africa
2. Infrastructure development (e.g., roads and utilities) and the creation of regional employment opportunities in mining areas
3. Logistics building for dressing, storage, transportation, and export of ores
4. Provision of underlying assets for WFCA linked with the mining business

What is WFCA?

A WFCA（World Friendship Cash Asset）is a digital token (RWA) backed by real mineral resources that are issued and managed by Terra Nexus.

• Phase 1: Natural diamonds
• Phase 2: Rare metals including gold, platinum, lithium, and nickel
• Not covered: Strategic resources (e.g., uranium, copper, and iron ores)
• Technical platforms: Ethereum and ZK-Rollups for real-time asset tracking
• Primary applications: Asset protection, international settlements, inflation hedging, financial instruments (trusts and securities), etc.

The purpose of this project is to establish a financial infrastructure visualizing real values rather than speculative virtual currencies.

Future prospects

• Incremental development of the joint mining project with Sinohydro (starting with diamonds)
• Phased issuance and circulation of WFCA tokens based on mining performance
• Creation of a new credit system in areas with limited financial access
• Establishment of a highly-transparent asset verification system based on blockchains
• Creation of a new model for connecting local economies and global investors

Comment from Terra Nexus’ representative

"The execution of this MoU marks the historic first step toward bringing the concept of WFCA into a real business project. With WFCA, we will be able to verify reliable 'real asset values' via blockchains connecting investors across the world and local economies." 
- Hidetoshi Tashiro, the representative of Terra Nexus

Contact for this press release
Terra Nexus Project Management Service CO.L.L.C S.O.C (based in Dubai, UAE)
Media Strategies Dept. 
Web: https://terranexus.io