Latin American Energy Company completes a $75 million oil and gas asset Blockchain Tokenization acquisition.

[Chain News] On June 18, news came that the Latin American energy company Feniix Energy has completed an acquisition deal for producing oil and gas assets worth $75 million through blockchain tokenization. The blockchain company Global Settlement, focused on Real World Assets (RWA), facilitated this transaction through its GSX protocol. This protocol enables instant settlement, reduces counterparty risk and transaction fees, and achieves full transparency throughout the financing and ownership process. Notably, the settlement for this transaction was conducted using stablecoins, eliminating the need for traditional banking intermediaries. The acquisition was entirely structured through tokenized debt and equity. A leading commodity trading company, whose name was not disclosed, provided the debt portion, marking the first known case of a complete tokenized capital structure acquisition of producing energy assets.