Back to News

Klaytn Foundation Partners With Pelayaran Korindo And NEOPIN To Advance The RWA Tokenization Business

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

The Klaytn Foundation announced via a blog post on Wednesday that it has partnered with MOU with PT. Pelayaran Korindo, a multinational conglomerate based in Indonesia, and NEOPIN, a global CeDeFi protocol, to advance RWA tokenization.

Klaytn Foundation Partners With Pelayaran Korindo And NEOPIN To Advance The RWA Tokenization Business

The Klaytn Foundation announced via a blog post on Wednesday that it has partnered with MOU with PT. Pelayaran Korindo, a multinational conglomerate based in Indonesia, and NEOPIN, a global CeDeFi protocol, to advance RWA tokenization.

Thanks to this partnership, the foundation and NEOPIN plan to kickstart the nascent Asian RWA tokenization industry by developing a reliable and practical RWA tokenization business model, starting with the tokenization of ship-related assets held by PT. Pelayaran Korindo.

NEOPIN also plans to introduce attractive RWA products that are more accessible and have strong differentiation points, the foundation added. 

Klaytn is a public blockchain developed by Ground X, the blockchain arm of Korea’s internet giant Kakao, with 50 million users worldwide. KLAY is up by 3% in the last 24 hours and now trades at $0.1475 per token.

ShibaSwap Prepares for Major Upgrade with Liquid Staking Feature
Next article ShibaSwap Prepares for Major Upgrade with Liquid Staking Feature

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.