Sky Quarry Inc. is partnering with Continuum Network to tokenize energy-linked commodities, creating a new model for unlocking energy asset value. This process involves creating tokens backed by oil assets, separate from company stock. Tokenization aims to provide liquidity without diluting equity or taking on more debt. This approach addresses the challenges faced by oil producers, offering a potential $750 billion to $1 trillion in global liquidity through tokenizing reserves. Sky Quarry aims to leverage this strategy to enhance working capital and strengthen its balance sheet, demonstrating the significant potential of tokenization in the energy industry.

Read more at GlobeNewswire: Sky Quarry and Continuum Move Closer to Launching