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.