Svmuu News: Blockchain infrastructure company Global Settlement Network has announced the launch of a pilot program for the tokenization of water assets. The company plans to expand the project across Southeast Asia over the next 12 months, with a target scale of $200 million. The pilot will initially tokenize eight government-contracted water treatment facilities in Jakarta, aiming to raise up to approximately $35 million to fund facility upgrades and the expansion of local water supply networks. As the project progresses, stakeholders will also test settlement channels using the Indonesian rupiah stablecoin and gradually expand to more foreign exchange settlement scenarios in a controlled environment. Mas Witjaksono, Chairman of Indonesia’s Globalasia Infrastructure Fund, stated that Indonesia possesses a vast number of tokenizable assets in the infrastructure and natural resources sectors, and that this model holds significant growth potential. Reports indicate that the financing gap for water infrastructure in Southeast Asia continues to widen, with long-term investment needs potentially exceeding $4 trillion by 2040. Some industry insiders anticipate that as adoption in emerging markets accelerates, the real-world asset (RWA) tokenization market is expected to see significant growth by 2026. Currently, the value of on-chain RWAs has already exceeded $21 billion. (Cointelegraph)