Kula Brings $50M of Impact Investing Onchain With Community-Governed RWA Model
Summary
Kula, a decentralized investment firm, has brought $50 million in impact investing fully onchain by utilizing a model that grants local communities direct governance over real-world assets (RWAs) in emerging markets, such as energy and land projects. Instead of tokenizing financial claims, Kula issues governance tokens tied to specific projects, like a Zambian limestone concession or a Nepalese hydropower initiative. Through its Regional Decentralized Autonomous Organization (DAO) Framework, these projects are governed transparently onchain while maintaining jurisdictional compliance. CEO Paul Jackson stated that meaningful progress in RWA tokenization involves expanding decision-making participation, not just financial access. Kula aims to redirect capital and governance power from centralized institutions to the communities generating the value, positioning itself as a mechanism to make previously inaccessible assets investible and accountable.
(Source:CoinDesk)