EIN Presswire | Newsmatics

With a secure public blockchain, anyone can benefit from the algae biofuel boom.

Boustead Holdings Bhd (KLSE:BSTEAD)

SINGAPORE, November 11, 2022 /EINPresswire.com/ -- 1 $FIX = 1 metric ton (MT) of Crude Algae Oil (CAO).

$FIX is the world's first and only tradable utility token/instrument and base price of CAO.

CAO has gained >70% at the all-time high this year and >35% YTD as of 1 Nov 2022.

$FIX is the market capitalization base value of the CAO industry, making it the #1 ESG crypto partnering with the #1 CAO producer (Regaia Energy, Singapore, owning A-MAP technology representing Next Generation Oil with Boustead, KLSE: BSTEAD as a key investor), that permanently records the CAO price. $FIX has a maximum of 50 million supply serving 50 million traders based on ad analytics.

$FIX provides the lowest fees; a minimum purchase of 0.01 $FIX; instant settlement; and automated trading bots, enhancing productivity and efficiencies in the supply chain and trade finance of the CAO industry.

From 31-Mar-2022, CAO prices are recorded permanently on a secure public blockchain, a crypto-verified ledger and base price for $FIX and market cap or value (MV) benchmark (Algae market potentially worth $320 billion, Bloomberg).

CRUDE ALGAE OIL PRICES ($FIX) CRYPTO-DATABASE:

1-Apr-2022: US$1381/MT – MV: US$69.1B
1-May-2022: US$1607/MT – MV: US$80.3B
1-Jun-2022: US$1624/MT – MV: US$81.2B
1-Jul-2022: US$1269/MT – MV: US$63.5B
1-Aug-2022: US$1364/MT – MV: US$68.2B
1-Sep-2022: US$1345/MT – MV: US$67.3B
1-Oct-2022: US$1221/MT – MV: US$61.1B
1-Nov-2022: US$1424/MT – MV: US$71.2B

ALGAE PROJECT REPRESENTED BY:

Peter Kim Jae Hoon, CEO, Regaia Energy Pte Ltd (Singapore)
Peter Lim, CEO, Promise Land Pte Ltd (Singapore)
Lanz Chan, CEO, Finamatrix Pte Ltd (Singapore)

Finamatrix.NET

Finamatrix.NET
Finamatrix Pte Ltd (Singapore)
+65 8699 9829
media@finamatrix.com
Visit us on social media:
Facebook
Twitter
LinkedIn
Other