Feniix Energy, an energy company based in Latin -America, has completed an acquisition of $ 75 million of a live oil and gas processing using blockchain -tokenization, according to a statement shared with Crypto on June 17.
Global Settlement, a blockchain company that specializes in Real-World assets (RWAS), has carried out the deal via its GSX protocol.
The protocol made direct settlements possible, reduced the risk of the counterparty and reduced transaction costs. It also introduced complete transparency during the financing and property process.
In particular, Stablecoins were used to arrange the transaction, which removed the need for traditional banking intermediaries. This meant a crucial step in the financing of capital -intensive projects using decentralized financial aids.
The acquisition was fully structured by Tokenized debts and equity. An unnamed leading company for raw materials trade offered the debt section, making it the first known copy of a fully tokenized capital structure that is used to buy an active energy -active.
The director of Feniix Energy, Alejandro Uribe, described the deal as a milestone in energy financing. He said that blockchain brought an unparalleled speed, visibility and trust functions that often lacked traditional financing.
He said:
“Our cooperation with Global Settlement shows how innovation can bridge traditional finances and the crypto economy, so that our stakeholders can unlock considerable value.”
Founder Kyle Sonlin from Global Settlement added that the deal wanted to show the real benefits of tokenization. He emphasized that infrastructure in the chain helped in streamlining capital flows and reducing operational costs.
Industry observers see this acquisition as a breakthrough moment for blockchain acceptance in traditional sectors. The use of tokenized capital in live infrastructure agreements indicates that the growing confidence in blockchain as a financing tool for projects for institutional quality is.
The timing of this deal is in line with the rising momentum in the RWA room. A report of 16 June by Coetecko noted that the tokenized treasuries market increased by 544.8% in 2024, with a record high in $ 5.6 billion in April 2025.
Credit : cryptonews.net
