$75 Million Oil Facility Acquired Using Tokenized Capital Stack

A $75 million acquisition of an operational oil and gas facility in Latin America has been finalized using a fully tokenized capital stack, marking a significant milestone for real-world asset (RWA) adoption. The transaction was facilitated by Global Settlement, leveraging its GSX Protocol for energy operator Feniix Energy. This deal is the first instance where a tokenized structure has been used end-to-end to finance the purchase of a live energy asset, executed across multiple jurisdictions in Latin America using stablecoins and tokenized securities.

“This deal fundamentally transforms the financial landscape of energy infrastructure,” said Alejandro Uribe, director at Feniix Energy. “By integrating blockchain technology, we achieve unprecedented efficiency, security, and transparency.”

Tokenization, the process of representing real-world assets such as bonds, equities, and real estate on blockchain networks, is increasingly seen as a breakthrough innovation in capital markets. It simplifies cross-border transactions, reduces settlement times from days to minutes, and creates new channels of liquidity, especially in regions underserved by traditional finance. “This transaction highlights how tokenized capital can reduce settlement frictions across Latin American markets,” said Kyle Sonlin, founder of Global Settlement. “Traditionally, moving capital across borders could take days — now it can happen in minutes using stablecoins.”

The GSX Protocol handled the technical infrastructure, vendor sourcing, and on-chain settlement, allowing participants across the region to interact within a single, integrated platform. Sonlin emphasized that tokenization can unlock funding for commodity-linked infrastructure in emerging economies — sectors often excluded from conventional debt and equity markets. “Commodities make up a major portion of GDP in many emerging markets, yet traditional financing is often out of reach,” Sonlin said. “Tokenization offers a powerful alternative, especially for sectors like mining, oil, and refining.”

Global Settlement, which operates a dedicated layer-1 blockchain for RWA transactions, sees this deal as a template for future tokenized mergers and acquisitions. “One of our goals with GSX is to show issuers and family offices the tangible benefits of tokenization,” Sonlin added. “We’re now focused on scaling this model across similar energy and infrastructure deals.”

Industry forecasts suggest the tokenized real-world asset market could expand significantly in the coming years. As financial innovation meets tangible assets, deals like this may become increasingly common, offering a glimpse into how blockchain could reshape global capital markets.