Galactica, Kaia’s flagship RWA protocol, posts first success with tokenized LNG ship financing

The Kaia DLT Foundation said on the 26th that Galactica, a Kaia-based real-world asset tokenization (RWA) project, has successfully closed its first ship-finance tokenization deal, “Pegasus.”

Galactica is a joint venture established by Kaia and Indonesian shipping company PT Pelayaran Korindo. The Pegasus deal is a tokenized finance project involving an LNG vessel valued at US$25 million. The key feature is that it converts ship finance—traditionally run primarily for institutional investors—into a blockchain-based RWA structure, linking it to global digital liquidity.

The transaction was carried out in collaboration with InvestaX, a tokenization SaaS platform licensed by the Monetary Authority of Singapore (MAS). The deal, which uses a 145,000 CBM LNG vessel as the underlying asset, was designed to allow qualified investors to participate in shipping finance assets through a tokenized structure and was quickly closed amid strong demand. It is seen as demonstrating that even high-value industrial assets can be financed in practice via a blockchain-based RWA model.

The case is particularly significant in Indonesia’s maritime industry, where ship ownership is relatively high but access to finance is limited, in that it presents a new fundraising route through tokenization. It is drawing attention as a model that offers shipowners a more efficient financing tool while providing investors with structured investment opportunities in maritime assets.

Kim Yoong-young, CEO of Galactica, said, “The Pegasus deal confirms there is tangible market demand for high-quality, high-value RWAs,” adding, “By successfully closing our first deal, we have established a replicable model for maritime asset tokenization, including ship finance.”

Suh Sang-min, chairman of the Kaia DLT Foundation, said, “The successful closing of Pegasus is an important milestone for the Kaia ecosystem,” adding, “Kaia’s on-chain financial infrastructure, Web3 partner network and blockchain expertise supported this transaction. This is only the beginning of Galactica’s RWA strategy, and we will continue to present reliable, high-quality tokenized RWA investment opportunities to investors at home and abroad.”