Central African Republic to Tokenize Land Using National Solana Meme Coin

By Matt Brienen

Published: 2025-05-30T17:45:58+00:00

- Starting in June, more than 1,700 hectares of land west of the capital Bangui will be tokenized and sold online using the $CAR token via the Solana blockchain. - The presidential decree cites the country’s mining code and tokenization laws, indicating the land may be designated for mining activities such as gold or diamond extraction. - The $CAR token rose 21% on the day of the announcement and is up over 127% this week, though gains began prior to the news.