IOTA Chain to Tokenize Critical Mineral Exports with Salus DeFi Platform

Salus, a DeFi platform, has launched on the IOTA network to tokenize critical mineral exports from Rwanda to the US. The platform aims to address the $2.5 trillion finance gap in global critical mineral trade, which is valued at $500 billion. Salus will start with rare earth metal tantalum exports and plans to surpass $100 million in gross merchandise value by the end of 2025. The platform hopes to give US investors exposure to the industry without owning mines, bridging the gap in funding for critical minerals.