According to Foresight News, Dubai-based company Terra Nexus has signed a memorandum of understanding with China's state-owned enterprise, Sinohydro Bureau 6 Co., Ltd., to jointly develop mineral resources in the West African region. The collaboration aims to advance the commercialization of the WFCA token, which is backed by diamonds and rare metals. WFCA is designed to create a new financial model that connects blockchain technology with the real economy, supporting applications such as asset tokenization and cross-border settlements.