Latin America Oil, Gas Deal Worth $75M Gets Tokenized as RWA Momentum Builds

The landmark acquisition of a working oil and gas facility in Latin America worth $75 million was completed using stablecoins and tokenized debt and equity through real-world asset specialist Global Settlement's platform, the firm told CoinDesk.The purchase — orchestrated for Feniix Energy, a company that focuses on buying and operating energy assets in the region — marks the first time a fully tokenized capital stack has been used to acquire operational real estate tied to commodity production, Global Settlement said. The transaction was finalized last week, said Kyle Sonlin, founder of Global Settlement. Further details cannot be disclosed due to regulatory requirements, he said source: https://www.coindesk.com/business/2025/06/17/latin-america-oil-gas-deal-worth-75m-gets-tokenized-as-rwa-momentum-builds