GlobeNewswire·Jun 23, 2026, 4:10 PM ET

Kayan to Bring 8.68 Million Hectares of Conservation Rights On-Chain in Landmark Natural Capital Tokenization

The Kayan Project confirmed plans to tokenize 8.68 million hectares of rainforest, peatland, & mangrove ecosystems in North & East Kalimantan, Indonesia.
The project targets an August 2026 listing on a new institutional-grade exchange designed specifically for tokenized natural capital & real-world assets.
A 60-year operating agreement covers the concession, which holds a preliminary valuation from Ascent Partners.
The native token $KYN will launch alongside independently verified commodity tokens representing carbon, biodiversity, & blue carbon credits.
A new exchange will feature deterministic sub-millisecond order sequencing, native settlement layers for real-world assets, & real-time verification via a decentralized validator network.
Veea Inc. will deploy its "AIoT of Forest" solution across the concession to enable continuous, granular monitoring of environmental conditions & asset integrity.
The project is currently in a private placement phase using Simple Agreements for Future Tokens (SAFTs) available only to qualified non-U.S. accredited & institutional investors under Regulation S.
The Token Generation Event & exchange listing are scheduled for August 2026, following the completion of the private placement.