Maya Preferred PRA Earns Real World Asset Recognition on Etherscan
UK Financial Ltd has announced that Maya Preferred PRA (MPRA) has been recognized as a Real World Asset on Etherscan, a popular Ethereum blockchain explorer. This milestone marks another step forward in the company's eight-year journey to connect traditional real-world assets with blockchain technology.
The recognition is significant because it provides independent verification of MPRA's status as a gold and silver-backed token. The verified smart contract for MPRA identifies it as a 'Preferred Class A Series Real World Asset Token (Gold & Silver Backed)' issued by UK Financial Ltd.
UK Financial Ltd has also confirmed the buyback of 350 million UK Financial Moonshot Tokens (UKFLMS), which is part of a larger plan to purchase up to 1 billion tokens. The company plans to continue purchasing from the remaining available float in the future, with the possibility of burning tokens acquired through those purchases.
James Dahlke, President and CEO of UK Financial Ltd, emphasized the importance of transparency and verifiability in blockchain development. He stated that 'the blockchain is beginning to tell our story for us,' referring to the ability of users to independently examine the Ethereum blockchain and verify the information contained within.