"On-chain Apollo" RWA private credit asset platform TownSquare announces issuance of 170 million AI credit assets

On November 11, the RWA private credit asset origination platform TownSquare announced it is building an "On-chain Apollo," enabling more users to invest in assets previously limited to private institutions. Today, TownSquare launched two new products: a $120 million AI robotics private credit RWA (townAIROBO), and a $50 million AI energy storage infrastructure private credit RWA (townBATT).

The underlying assets for both products originate from AI and energy enterprises across North America, the Middle East, and East Asia. Prior to this, TownSquare had already launched its real estate private credit product, townREIT, currently totaling $266 million. Combined with these two new offerings, the platform's total launched assets have reached $436 million, now displayed on the rwa.xyz dashboard. Non-US retail and institutional investors can subscribe after passing KYC/KYB verification.

TownSquare focuses on AI as its core sector while simultaneously expanding into five other real-world economic areas. Its product matrix is as follows:

Launched: AI Robotics (townAIROBO), AI Energy Storage Infrastructure (townBATT), Real Estate (townREIT)

Launching in early 2027: AI Data Centers (townAIDC)

Launching in 2027: Oil & Gas Fields (townOIL), Mining (townMINE), Vault Gold (townGOLD)

rwa.xyz Link: https://app.rwa.xyz/platforms/townsquare