Consider a platform that not only helps you reach your investment goals but also transforms the approach to sustainable finance. That’s exactly what the IXS Launchpad demonstrated with SEA Solar Series 1 ($SSOL1), which emerged as a beacon of ESG-themed asset-backed real-world assets. By utilizing the IXS Launchpad's heightened capabilities, $SSOL1 fulfilled its funding goal. This success highlights not only how the IXS Launchpad is uniquely equipped to support investments in both real-world assets (RWAs) and ESG-themed projects but also illuminates the IXS Launchpad’s pivotal role in reshaping investment opportunities.
Southeast Asian (SEA) Solar Series 1 ($SSOL1) is a solar-collateralized income security token that intends to offer investors stable returns while also focusing on ESG mandates that directly address the challenges associated with climate change and global warming. The solar asset will be used as collateral to get working finance for a new waste tire recycling plant that recovers valuable resources and reduces trash output.
The primary goal of $SSOL1 deal is to raise funds for a breakthrough waste tire recycling project led by Fracsio. This effort uses pyrolysis technology to turn discarded tires into valuable resources like pyrolysis oil, carbon black, and steel. In addition to promoting innovative recycling methods, it addresses environmental concerns.
Utilizing the IXS Launchpad, the initiative raised USDC.e 50,000, achieving its total funding goal. This success demonstrates the IXS Launchpad's power to support ventures focused on real-world assets and sustainable financing. The platform attracted investors of all sizes due to its low entry barrier, and seamless investing process. Furthermore, $SSOL1 on IXS Launchpad fostered good environmental consequences, paving the way for future generations of investors and issuers to embrace sustainable finance solutions on a global scale.
The recent successful raise for our $SSOL1 token on the IXS Launchpad has demonstrated a new, viable approach to bringing liquidity to our ESG assets. The IXS team and solutions are the cornerstones of our RWA tokenization strategy toward creating inclusive digital finance that promises to be sustainable and transformative, unlocking economic opportunities for millions worldwide. — says Mark Mah, Fracsio Director