TownSquare, an RWA Private Credit Asset Platform Dubbed "On-Chain Apollo," Announces Issuance of $170M AI Credit Assets
TechFlow news, November 11: RWA private credit asset origination platform TownSquare announced it is building an "On-Chain Apollo" to enable more users to invest in assets previously limited to private institutions. TownSquare today launched two new products: a $120M AI robotics private credit RWA (townAIROBO) and a $50M (AI) energy storage infrastructure private credit RWA (townBATT).
Reportedly, the underlying assets of the two products come from AI and energy companies in North America, the Middle East, and East Asia. Previously, TownSquare had launched the real estate private credit asset townREIT, currently sized at $266M. With these two new products, the platform's total launched assets reach $436M, now displayed on the rwa.xyz data dashboard. Non-U.S. retail and institutional investors can subscribe after passing KYC/KYB verification.
TownSquare focuses on AI as its core track while expanding into five additional real-economy sectors. Its product matrix is as follows:
Launched: AI robotics (townAIROBO), AI energy storage infrastructure (townBATT), real estate (townREIT)
Scheduled to launch in early 2027: AI data centers (townAIDC)
Scheduled to launch in 2027: oil and gas fields (townOIL), minerals (townMINE), vaulted gold (townGOLD)
Source: TechFlow
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