Ant Group’s enterprise solutions unit, Ant Digital Technologies, is in the process of tokenizing 60 billion yuan ($8.4 billion) of power infrastructure on its proprietary AntChain network, according to Bloomberg, citing sources familiar with the matter.
The company has been tracking output and outages from 15 million energy devices, including wind turbines and solar panels across China, and uploading this data to its blockchain. Ant Digital has already completed financing for three clean energy projects through asset tokenization, raising around 300 million yuan ($42 million), and plans to issue tokens tied to these assets next.
Looking ahead, Ant Digital may list these tokens on decentralized offshore exchanges to boost liquidity, although regulatory approval is required, sources said.
Recent Energy Tokenization Initiatives
- In August 2024, Ant Digital raised 100 million yuan ($14 million) for Longshine Technology Group, linking 9,000 electric charging units to AntChain.
- In December, it secured over 200 million yuan ($28 million) for GCL Energy Technology by connecting photovoltaic assets to its blockchain.
Tokenization allows companies to bypass traditional financial intermediaries, issuing digital tokens directly to investors. This approach reduces costs, accelerates funding, and opens investment opportunities to retail investors typically excluded from infrastructure financing.
Stablecoin Ambitions
Ant Group is also pursuing stablecoin initiatives. In July, reports indicated the company was working with Circle to integrate USDC into AntChain. Its global division, Ant International, has been leveraging blockchain for cross-border corporate payments and seeking stablecoin-related licenses.
Record Growth in Real-World Asset Tokenization
The real-world asset (RWA) tokenization sector is still emerging, but the on-chain value has nearly doubled since early 2025, reaching a record $28.4 billion this week, according to RWA.xyz. Over half of this total comes from tokenized private credit, while slightly more than a quarter is tokenized US Treasurys. Ethereum remains the dominant chain for RWA tokenization, holding a 57% market share.
