Ant Group tokenizes $8.4 Billion in Chinese Energy Infrastructure on Blockchain
BEIJING – Ant Digital Technologies, the enterprise arm of Ant Group, is linking 60 billion yuan (approximately US$8.4 billion) worth of Chinese power assets to its proprietary AntChain blockchain, according to a recent Bloomberg report. The move aims to streamline financing and increase transparency within the energy sector.
The company has already connected data from over 15 million energy devices – including wind turbines and solar panels – to the network, tracking power output and outage information. Ant Digital has completed three tokenization-based financing deals for clean energy projects, raising 300 million yuan (US$42 million). Tokens representing these assets are anticipated to be listed on offshore exchanges, pending regulatory approval, to improve liquidity.
This initiative is part of a larger strategy to utilize tokenization to bypass conventional financial intermediaries, lower costs, and expedite funding for infrastructure projects. Ant Group recently launched Jovay, a Layer 2 blockchain specifically designed for real-world asset transactions, with its testnet going live in July 2025 and a mainnet launch planned for September.
ant Group is also exploring stablecoin integration, partnering with Circle to incorporate USDC into its blockchain platform and seeking licenses for stablecoin operations to facilitate cross-border payments.
