Blockchain firm eyes $200M in tokenized water projects across Asia
Some crypto executives predict the tokenized real-world asset market will grow significantly in 2026, fueled by adoption in emerging economies.
Blockchain infrastructure firm Global Settlement Network has announced a pilot to tokenize water treatment sites in Jakarta, aiming to eventually scale it out to the rest of Southeast Asia over the next 12 months with $200 million in tokenized assets.
Real-world asset tokenization involves minting financial and other tangible assets on the blockchain to increase investor accessibility and trading opportunities.
The initial pilot targets eight government-contracted water treatment sites in Jakarta for tokenization, aiming to raise up to $35 million for upgrading the facilities and expanding the water network in the area, according to a statement on Wednesday.
