Kula Brings $50M of Impact Investing Onchain With Community-Governed RWA Model

The decentralized investment firm is using tokens and DAOs to give local communities direct control over energy and infrastructure projects in emerging markets. What to know : Kula has brought $50 million in impact investing fully onchain, allowing local communities to govern natural resources and energy projects in emerging markets. The firm issues governance tokens for projects like a limestone concession in Zambia and hydropower in Nepal, ensuring transparent onchain governance. Kula aims to redirect capital to fast-growing economies, empowering communities to participate in decision-making and asset management.(Coindesk)