Klaytn, Korindo Pelayaran, and NEOPIN have reached a partnership to jointly promote RWA tokenization

ChainCatcher news, South Korean internet giant Kakao's Layer1 blockchain Klaytn announced a collaboration with Indonesian conglomerate Pelayaran Korindo and the CeDeFi protocol NEOPIN to jointly promote RWA tokenization.

It is reported that the foundation and NEOPIN plan to launch the Asian RWA tokenization industry by developing RWA tokenization business models, starting with the tokenization of ship-related assets held by Pelayaran Korindo.

Klaytn stated that ship financing typically involves providing the ship itself as collateral to finance the construction and purchase of ships. The ship financing market (including leasing, export financing, and alternative suppliers) reached a scale of $525 billion last year, with the Asia-Pacific (APAC) region accounting for 44% of the global market share. The tokenization of ship assets is expected to significantly expand the accessibility of ship finance to individual investors and institutions, contributing to the diversification of Web 3-based financial investment assets.