Marechale Capital Unit Debuts First Tokenized Reef Program on Platform

07:29 AM EDT, 08/13/2026 (MT Newswires) -- Coral Futures Corp. launched a tokenized reef program on the second-generation tokenized platform of Marechale Capital (MAC.L) subsidiary Blubird, marking the first on the platform, according to a Thursday filing. The corporate finance company's unit is initially conducting a pilot registration of natural capital assets, comprising 124,400 individual one-square-meter sections of living cultivated coral in Western Australia, valued at $118 million in total. The program is built to scale to a further 2 million sections worth an estimated $2 billion.