POSCO International tokenized real trade receivables on Avalanche, turning live invoices from South Korea's largest trading firm into onchain digital assets through its US arm.

Trade-finance platform Olea, backed by Standard Chartered's venture arm SC Ventures, bought the receivables with actual capital, meaning these were live assets rather than a test. Asset-backed finance firm Intain used AI to reconcile invoices, purchase orders, credit notes and shipping documents, then verified and recorded the receivables on its Avalanche Layer-1. A shared ledger gives every party one record of ownership and status, cutting paperwork and speeding access to financing.

The deal follows a separate July proof-of-concept with LG CNS on Injective, underscoring POSCO's broader push to move real-world trade finance onchain.

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