Ant Digital Technologies, the blockchain arm of China's Ant Group, is tokenizing over $8.4 billion (60 billion yuan) worth of energy infrastructure on its proprietary AntChain network. The initiative involves monitoring power output and outages from 15 million renewable energy devices, including wind turbines and solar panels across China, and uploading this data to the blockchain to create immutable, verifiable records.
The company has already completed financing for three clean energy projects via asset tokenization, raising approximately 300 million yuan ($42 million). Specific deals include a 100 million yuan ($14 million) raise for Longshine Technology Group in August 2024, linking 9,000 electric charging units to AntChain, and over 200 million yuan ($28 million) secured for GCL Energy Technology in December by connecting photovoltaic assets to the blockchain.
Ant Digital's next phase involves issuing tokens linked to these energy assets, with potential future expansion to decentralized offshore exchanges to enhance liquidity—pending regulatory approval. This move aligns with the growing real-world asset (RWA) tokenization trend, where onchain value has nearly doubled since early 2025 to a record $28.4 billion, led by Ethereum's 57% market share in the sector.