Global green energy devices are achieving real-time trading through blockchain, with capital flow no longer restricted by geography, significantly increasing efficiency. This is not an unattainable dream, but a reality being driven by Ant Digital Technology Company under Ant Group. On April 30, 2025, at the RWA REAL UP Summit held in Dubai, Ant Digital Technology Company launched the brand new Layer-2 blockchain network Jovay, aiming at the tokenization of real-world assets (RWA), especially in the green finance sector. This technological breakthrough is not only exciting but may also become a new engine integrating finance and environmental protection.
How does Jovay accelerate green finance?
Jovay is positioned as a Layer-2 solution on Ethereum, specifically designed for the trading of real-world assets (RWA), with a focus on the green energy sector. Ant Digital Technology Company announced that 14 million green energy devices have connected to the Jovay network, including charging piles and solar panels, making it the world's largest tokenized renewable energy platform.
Performance breakthrough: Jovay can process 100,000 transactions per second, with a response time of only 100 milliseconds, far exceeding the efficiency of traditional financial systems.
Global liquidity: Through tokenization, originally illiquid green energy assets (such as new energy infrastructure) are transformed into digitally tradable assets in real-time, breaking the limitations of geography and time.
Practical application: Taking new energy projects as an example, a cross-border clean energy project that used to take weeks or even months to complete financing and settlement can now be shortened to just a few seconds by Jovay.
More importantly, Jovay's 'dual-chain one bridge' strategy (which combines Ant Chain's asset layer and cross-chain bridge technology) facilitates smoother cross-chain asset flow. Imagine an investor in Dubai being able to directly purchase shares in a solar project located in a remote area of China through Jovay; this efficient global collaboration will greatly promote the development of green finance.
From Hong Kong to Dubai: Ant Financial's globalization ambitions
The launch of Jovay is not an isolated event, but part of Ant Financial's globalization strategy. Just before the launch of Jovay, Ant Digital Technology Company established its international headquarters in Hong Kong and chose Dubai as its base in the Middle East. These two cities are known for their forward-looking regulatory frameworks for digital assets, providing an ideal environment for Jovay's implementation.
Regulatory support: Hong Kong provides a testing environment for Jovay through the HKMA's Ensemble sandbox program, while Dubai has become a hotbed of blockchain innovation with its open policies towards tokenized securities.
Technological synergy: A week before the launch of Jovay, Ant also introduced the AI-based Deterministic Virtual Machine (DTVM) stack, leveraging large language models (LLM) to optimize smart contract development and further enhance the scalability of blockchain technology.
This series of actions by Ant Financial indicates that it is not only making technological advancements but also seeking partners and policy support globally, attempting to build a worldwide green finance ecosystem. Cobe Zhang, the head of Jovay, revealed that the mainnet is expected to go live in the third quarter of 2025, at which point it will further integrate more Layer-1 networks to expand its influence.
The launch of Jovay marks a deepening of blockchain technology in the green finance field, showing us how technology can assist sustainable development. Through tokenization, Ant Financial is breaking the barriers of traditional finance, enabling global capital to flow more efficiently towards clean energy projects. This model can not only accelerate the global low-carbon economic transition but also provide ordinary investors with opportunities to participate in green projects.
However, challenges still exist. Regulatory compliance for tokenized assets, the legal framework for cross-border transactions, and the level of technology adoption will be issues Jovay needs to face in the future. But it is undeniable that Ant Financial has taken an important step forward with Jovay. In the future, Jovay may become an indispensable name in the arena of green finance.
