crypto.news 2025-04-16 16:39:59

Kula launches governance token for real-world impact investing

Kula, a blockchain-powered impact investment firm, has rolled out a governance token designed to give investors and local communities shared control over real-world asset projects. The $KULA token , which debuted April 15, gives holders the chance to vote on key investment decisions, including project funding, treasury allocations, and governance strategies. The initiative combines traditional management structures with decentralized blockchain participation, aiming to bring transparency and local representation to projects historically shaped by external investors, according to a note shared with crypto.news. Token holders will have full voting rights and cannot delegate or proxy their votes, a move the company says will increase accountability and direct participation. Kula’s governance model is structured around tokenizing decision-making in ESG-aligned projects, with smart contracts used to deploy funds to independently approved infrastructure and development initiatives. The token is currently listed at $0.07 on several exchanges, including MEXC.com, Coins.ph, and Coins.xyz. You might also like: EVAA Protocol CEO warns of crypto disruptions due to tariff uncertainty Kula’s real-world impact initiatives Founded in 2021, Kula has already launched development efforts in Zambia, where it partnered with Bekazulu Mining to develop a limestone concession and secure sustainable water access for local communities. Additional projects include a hydropower-backed digital economy in Nepal and a sustainable forestry initiative in Malaysia. The company’s advisory team includes international development leaders , tribal chiefs, and former government officials, signaling a push toward inclusive decision-making across regions.