News

According to Odaily, blockchain infrastructure company Global Settlement Network has announced the launch of a water asset tokenization pilot project, with plans to expand the project across Southeast Asia over the next 12 months, targeting a scale of $200 million. The pilot will first tokenize eight government-contracted water treatment facilities in Jakarta, aiming to raise up to approximately $35 million for facility upgrades and the expansion of the local water supply network. During the project’s advancement, relevant parties will also test the Indonesian Rupiah stablecoin settlement channel and gradually expand to more foreign exchange settlement scenarios in a controlled environment. Mas Witjaksono, Chairman of the Indonesian Globalasia Infrastructure Fund, stated that Indonesia possesses a large number of tokenizable assets in the infrastructure and natural resources sectors, and the related model has growth potential. The report points out that the financing gap for water infrastructure in Southeast Asia continues to widen, with the required long-term investment expected to exceed $4 trillion by 2040. Some industry insiders predict that as adoption accelerates in emerging markets, the real-world asset (RWA) tokenization market is expected to see significant growth by 2026. Currently, the on-chain RWA scale has exceeded $21 billion. (Cointelegraph)

ChainCatcher reported that blockchain infrastructure company Global Settlement Network (GSX) has partnered with Indonesia-based Globalasia Infrastructure Fund to launch a pilot project in Jakarta, Indonesia. The project will tokenize assets for eight government-contracted water treatment plants, aiming to raise up to $35 million to upgrade water treatment facilities and expand the water supply network. These facilities currently serve more than 36,000 residents, supplying approximately 2,300 liters of clean water per second, and are expected to generate over $15 million in revenue by the end of 2026. Global Settlement Network plans to gradually expand the asset tokenization initiative across Southeast Asia over the next 12 months, targeting $200 million in tokenized water assets.

BlockBeats News, January 15, in response to the U.S. Department of Justice launching an investigation into Federal Reserve Chairman Powell, some Senate Republicans have expressed strong dissatisfaction and are expected to block new Federal Reserve chairman nominees to safeguard the central bank's independence. Trump responded forcefully to this. When asked about opposition within the Republican Party, Trump said, "I don't care, there's nothing to say about it. They should remain loyal." In addition, regarding JPMorgan CEO Jamie Dimon's warning that "Trump's interference with the Federal Reserve could push up inflation," Trump also responded: "I don't care what he says."