Compute financing has become one of the fastest-growing categories in asset-backed credit, and almost all of it is arranged through private syndicates. A lender who wants out before maturity has very few options. We opened a regulated pipeline for tokenized real-world asset issuance in El Salvador. The first issuance, currently in structuring, is a tokenized GPU forward that finances compute infrastructure. @near_ai provides anchor demand for the compute the hardware will produce and acts as a technology partner. The equipment is contracted and the price is fixed through October, so the issuance funds delivery. The framework brings together regulated issuance, open secondary trading, and onchain collateralization: → The asset will be issued through NOTA S.A.S. de C.V. (PSAD-0088), licensed under El Salvador's Digital Assets Issuance Law, the same regime under which Tether Gold is issued. → It's designed to trade on permissionless venues including Uniswap. → Once it demonstrates sufficient trading volume and depth, it will be eligible to be accepted as collateral to mint USDf on Falcon Finance.