Avalanche And South Korean Steel Giant Take Trade Onchain South Korean steel giant POSCO International is bringing parts of its global trade finance operations onto Avalanche (@avax). The company partnered with Intain and Olea to explore blockchain-based solutions for trade and treasury management. As part of the transaction, trade receivables were converted into digital assets and recorded directly onchain. Intain verified invoices, purchase orders, credit notes, and shipment documents before registering the assets. The transaction was executed through Intain’s Layer 1 network built on Avalanche. The companies say the approach could improve transparency while giving multinational businesses better access to liquidity.