[Blockchain Company Plans $200 Million Tokenized Water Project in Asia, First Stop in Jakarta] Odaily Planet Daily News: Blockchain infrastructure company Global Settlement Network has announced the launch of a pilot project for tokenizing water assets, with plans to expand the project across Southeast Asia within the next 12 months, targeting a 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 for facility upgrades and the expansion of the local water supply network. During the project’s progression, stakeholders 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 Indonesia's Globalasia Infrastructure Fund, stated that Indonesia has a wealth of tokenizable assets in the infrastructure and natural resources sectors, and the related model holds growth potential. Reports indicate that the financing gap for Southeast Asia's water infrastructure continues to widen, with long-term investment needs potentially exceeding $4 trillion by 2040. Some industry insiders predict that as adoption accelerates in emerging markets, the tokenization market for real-world assets (RWA) is expected to see significant growth by 2026. Currently, the on-chain RWA market size has surpassed $21 billion. (Cointelegraph)