Summary
- Ant Digital Technology said it plans to tokenize $8.4 billion worth of energy assets.
- It said it will move the power output of about 15 million renewable energy devices on-chain via AntChain, and will also issue related tokens.
- It has already raised about $42 million for three energy projects, and is reportedly also considering a decentralized exchange (DEX) listing.
Ant Group's blockchain subsidiary, Ant Digital Technology, is set to tokenize CNY 60 billion (about $8.4 billion) worth of energy assets.
On the 9th (local time), Bloomberg reported, "Ant Digital Technology plans to move $8.4 billion worth of energy assets on-chain," and "intends to tokenize the power production of about 15 million renewable energy devices, including wind turbines and solar panels, through AntChain."
It also plans to issue related tokens. The outlet said, "Ant Digital seeks to issue tokens linked to energy assets," and "has already raised funding for three energy projects (about $42 million) through this." Furthermore, it is reported to be considering a listing on decentralized exchanges (DEX).
Son Min
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