Catenaa, Wednesday, April 23, 2025-Kula, a decentralized impact investment firm, launched its $KULA governance token Tuesday, introducing a new model of real-world asset management aimed at empowering underserved communities.
The token is now live on MEXC, Coins.xyz, and Coins.ph. It grants holders voting rights over Kula’s treasury and how funds are allocated to projects across the globe — including farmland in Zambia, hydropower in Nepal, and mineral initiatives in Malaysia. Each token follows a “one wallet, one vote” principle, departing from traditional staking and yield-focused models.
Kula’s governance is driven by direct participation through RegionalDAOs, where local communities decide on capital distribution for their regions. These decisions, made via smart contracts and supported by off-chain legal structures, ensure both transparency and enforceability.
Backed by $17 million in early funding, Kula has already deployed over $40 million in asset-backed initiatives. It operates using a hybrid “Web2.5” model, blending smart contracts with legal safeguards across jurisdictions including the Cayman Islands, Mauritius, and Singapore.
With treasury proposals set to open soon, $KULA token holders will help determine the next wave of investments. From Poland to Ghana, new RegionalDAOs are planned to expand the platform’s mission.
More than a launch, Kula’s entry signals a structural shift in how real-world value is governed — by the people, for the people, block by block.
