Global Settlement Network is piloting the tokenization of water treatment sites in Jakarta, with plans to expand to Southeast Asia with $200 million in tokenized assets. This initiative aims to raise $35 million for facility upgrades and network expansion. Tokenization could address the $4 trillion water infrastructure financing gap in Southeast Asia by 2040. The tokenized real-world asset market is predicted to grow significantly by 2026, with over $21 billion in assets currently on-chain. Southeast Asia, including Indonesia, has seen a surge in crypto adoption, making it a promising market for blockchain initiatives. Indonesia was highlighted as the second-largest market for on-chain value in a recent report.

Read more at Cointelegraph: $200M Tokenized Water Infrastructure Planned For Southeast Asia