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Home»Blockchain»The Latam energy giant performs the $ 75 million petroleum and gas agreement via the Blockchain tokenization
Blockchain

The Latam energy giant performs the $ 75 million petroleum and gas agreement via the Blockchain tokenization

June 20, 2025No Comments
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Feniix Energy, an energy company based in Latin America, has completed an acquisition of $ 75 million in an oil and live gas operation using the blockchain tokenization, according to a press release shared with Cryptoslate June 17.

Global Settlement, a blockchain company specializing in active world assets (RWAS), concluded the agreement via its GSX protocol.

The protocol has enabled instant regulations, reduces the risk of counterpart and reduces transaction costs. It also introduced total transparency throughout the financing and property process.

In particular, the stablecoins were used to settle the transaction, removing the need for traditional banking intermediaries. This marked a central decision in the financing of high capital intensity projects using decentralized financial tools.

The acquisition was entirely structured by debt and tokenized equity. A large name -as -ter raw materials trade company has provided the part of the debt, making it the first known body of a fully tokenized capital structure used to buy an active energy active ingredient.

Feniix Energy director Alejandro Uibe described the agreement as an important stage in energy financing. He said that the blockchain had brought unrivaled characteristics of speed, visibility and confidence that often lacked in traditional funding.

He said:

“Our collaboration with Global Settlement shows how innovation can fill traditional finance and the economy of cryptography, unlocking a substantial value for our stakeholders.”

The founder of Global Settlement, Kyle Sonlin, added that the agreement was aimed at presenting the real advantages of tokenization. He stressed that chain infrastructure has contributed to rationalizing capital flows and reducing operational costs.

Industry observers consider this acquisition as a revolutionary moment for the adoption of blockchain in traditional sectors. The use of tokenized capital in live infrastructure deals with increasing transactions in blockchain as a funding tool for institutional quality projects.

The time of this agreement is aligned with the growing momentum in the RWA space. A Coingecko’s June 16 report noted that the Tokenized Treasure Market jumped 544.8% in 2024, reaching a summit of $ 5.6 billion in April 2025.

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