#news
🚨 CHINA ENTERS THE RWA RACE 🚨
Ant Digital, the fintech giant backed by Jack Ma, has just tokenized a massive $8.4 billion of Chinese renewable energy infrastructure on its AntChain blockchain.
This isn't just a pilot program; it's a massive, real-world application of crypto technology. 🌐
Here's the breakdown:
The Asset: Wind farms, solar plants, and other green energy projects.
The Tech: AntChain, a private blockchain built to handle enterprise-level transactions.
The Purpose: Tokenized financing. They’ve already raised $42 million for three projects, with a focus on attracting institutional capital.
Why it matters:
This is a major signal that real-world asset (RWA) tokenization is a global trend, extending far beyond Western markets. It shows that even private, centralized blockchains are being used to unlock liquidity for traditional assets at an enormous scale.
The future of finance isn't just digital; it's tokenized.
Some random RWA coins: