In Brief
- Collaboration will enable up to $200 million in tokenized water infrastructure financing with rupiah-denominated stablecoin settlement across Southeast Asia, beginning with a $30 million pilot in Indonesia
- Partnership will deliver compliant RWA tokenization backed by long-dated, government-contracted cash flows from operational water assets
- Framework will reduce cross-border settlement from days to near-instant (T+0)
[SINGAPORE, 14 January 2026, BlockFirms] – Global Settlement Network (GSX) and Globalasia Infrastructure Fund (GIF) today announced a strategic partnership to pioneer real-world asset (RWA) tokenization and stablecoin-based settlement across Southeast Asia. The initiative will launch with a $30 million pilot focused on government-contracted water treatment facilities in Indonesia, marking a significant step toward the companies’ goal of deploying a $200 million water infrastructure tokenization framework over the next year.
The partnership launches against a backdrop of a widening water infrastructure financing gap across Southeast Asia, where more than $4 trillion in long-term water investment is required by 2040, far outpacing current spending and leaving millions without reliable access to clean water.
The initiative is structured around long-dated, government-contracted cash flows, allowing institutional investors to access infrastructure-linked returns with settlement and transparency comparable to traditional capital markets. The partnership combines GIF’s regional regulatory expertise and infrastructure pipeline with GSX’s finance-grade Layer-1 tokenization stack. Together, the firms aim to reduce cross-border friction for institutional investors by enabling rupiah-denominated stablecoin clearing and near-instant (T+0) settlement finality.
The initial pilot targets eight water treatment sites in Jakarta that currently serve more than 36,000 residents. These facilities, which deliver over 2,300 liters of clean water per second, are projected to generate over $15 million in revenue by late 2026. Under the new framework, GSX and GIF will tokenize these revenue-generating assets to raise up to $35 million in new financing, which will be used to expand treatment capacity and extend piping networks throughout the region.
“We are excited to be working with GSX to develop asset tokenization for real-world projects within Indonesia,” said Witjaksono, representing Globalasia. “This process offers significant opportunities for growth, as Indonesia has numerous major infrastructure developments and natural assets that can be accessed for tokenization. This collaboration gives issuers and institutions a practical way to finance infrastructure and other ESG-linked assets while working hand-in-hand with regulators.”
By utilizing GSX’s infrastructure, the partnership introduces institutional-grade transparency and built-in compliance. The framework is engineered to align with FATF’s 40 Recommendations and local KYC/AML requirements, while supporting ISO 20022 messaging standards. This ensures that assets can move securely between permissioned finance rails and public networks, allowing tokenized securities, including equity, debt, or revenue-share claims, to be backed by guaranteed government offtake contracts of up to 25 years.
“This is about transforming essential infrastructure finance,” said Kyle Sonlin, President of Global Settlement Holdings Inc. (GSX). “By combining GSX’s settlement infrastructure with GIF’s regional distribution and project pipeline, we can reduce cross-border friction and unlock ESG-aligned capital markets at scale.”
The companies have outlined a phased 12-month roadmap, beginning with the launch of pilot issuances and rupiah-stablecoin testing in controlled corridors over the next three months. Following successful security reviews, the partnership will scale to additional FX corridors and onboard broader institutional partners, including custody and payment providers. A Joint Steering Committee of GSX and GIF leadership will oversee technical implementation and capital deployment, ensuring that all workstreams adhere to a “compliance-by-design” architecture.
About Globalasia Infrastructure Fund (GIF)
Globalasia Infrastructure Fund is an Indonesian‑based development and real-world asset company engaged in infrastructure development across several market segments that include maritime, healthcare transport, digital assets, and tokenization. The company provides structured access to the Indonesian marketplace. The current project pipeline includes over $30 million in secured infrastructure and expansion plans exceeding $200 million across urban water networks in Indonesia.
About Global Settlement Holdings Inc. (GSX)
GSX operates the GSX Chain and related tokenization and settlement services for regulated digital‑asset markets. GSX provides infrastructure for compliant token issuance, cross‑chain operations, and stablecoin‑based settlement for institutions and public‑private initiatives.
Media Contacts
PT Globalasia Infrastructure Fund
Scott Joseph
Chief Sustainable Finance Officer and Director of Blockchain & Carbon Strategy
scott@globalasia.id
Global Settlement Holdings Inc. (GSX)
press@globalsettlement.com
Source: PT Globalasia Infrastructure Fund
Disclaimer: This press release was provided by the company or its representatives and is published for informational purposes only. BlockFirms does not endorse any of the statements made within the above announcement. It does not constitute investment, legal, or financial advice. Editorial Policy.
Image Credits: Canva
