Kaia’s Galactica Tokenizes $25M LNG Vessel, Opening Maritime RWA to Fractional Investors
Kaia DLT Foundation’s Galactica closed Pegasus, a $25 million financing round that tokenized a 145,000 CBM LNG vessel using Kaia blockchain infrastructure. The deal used fractional ownership via tokenization to broaden investor access and was executed with partners InvestaX (MAS‑licensed tokenization platform) and Indonesia’s PT Pelayaran Korindo. Kaia provided Web3 partner network and DLT expertise; Galactica CEO Young Kim described the closing as a repeatable blueprint for ship finance. InvestaX CEO Julian Kwan highlighted the speed and institutional credibility of the offering. The funds will serve as bridge financing to modernize Indonesia’s fleet — a strategic market accounting for over 10% of world-registered vessels. Galactica is positioning further maritime RWA issuances and opened a waitlist for investors who missed Pegasus. Background: Kaia formed from Klaytn and Finschia, launched in 2024 with gaming and dApp integrations, and has emphasized a "stablecoin-first" approach for Asian adoption.
Bullish
This deal is bullish for blockchain adoption and tokenized real-world assets (RWA). It demonstrates institutional-grade use of tokenization for high-value maritime assets, broadening the investor base via fractional ownership. For traders, the event signals growing on-chain demand for infrastructure and platforms that support RWA issuance (e.g., Kaia, tokenization platforms like InvestaX). Short-term effects: modest positive sentiment for RWA-related tokens and infrastructure ecosystems, potential uptick in on-chain activity and trading volumes as market participants position for more RWA offerings. Long-term effects: increased legitimacy for tokenized assets could attract institutional capital to blockchain rails, supporting price appreciation and utility for networks that facilitate compliant RWA issuance. Comparable precedents include tokenized real estate and venture debt offerings that boosted interest in associated platforms; those events typically produced sustained ecosystem growth rather than immediate, large-cap crypto rallies. Risks include regulatory scrutiny, execution risk in secondary markets for fractionalized ship assets, and limited token liquidity — factors that could mute price moves or create volatility if expectations outpace delivery.