OSL and Ant Digital Forge RWA Tokenization Alliance—Wall Street’s Next ’Disruptive’ Plaything?

Hong Kong’s OSL and Ant Digital just shook hands on real-world asset (RWA) tokenization—because nothing screams ’institutional adoption’ like repackaging old assets with blockchain glitter.

Subheader: The Boring Stuff Gets a Crypto Makeover

Forget DeFi degens—this partnership targets the real money: private equity funds and asset managers who still think ’wallet’ means leather. The pitch? Tokenize everything from real estate to fine art, then trade it 24/7 with the efficiency of a meme coin pump.

Subheader: Regulators, Start Your Engines

Watch as compliance teams scramble to fit square RWAs into round crypto frameworks. Bonus irony: the same institutions that mocked Bitcoin now need it to authenticate their tokenized T-bills.

Closing jab: Nothing bridges TradFi and crypto like mutual opportunism—OSL gets legitimacy, Ant gets a blockchain fig leaf, and bankers get to pretend they ’get it’ before the next bubble pops.

OSL Group (863.HK), a publicly listed digital asset platform, and ANT Digital Technologies, the digital technology arm of Ant Group, have announced a strategic partnership focused on the tokenization of Real-World Assets (RWAs), according to a statement on Friday.

The collaboration combines Ant Digital Technologies’ scalable blockchain platform with OSL’s regulated digital asset infrastructure and distribution channels as a licensed entity. This synergy seeks to provide a comprehensive solution for institutions looking to tokenize real-world assets at scale, addressing both the technical requirements and the need for compliant market access, the companies said.

Eugene Cheung, OSL’s chief commercial officer, emphasized the significance of the partnership, stating that it creates "exactly what the market needs: a complete institutional solution that delivers both the liquidity promise of tokenisation and the demand of utility financial institutions." He believes this collaboration will transform how assets are managed and traded globally.

Dennis Zhang, head of RWA solution at Ant Digital Technologies, highlighted the strategic alignment with OSL’s regulated services in Hong Kong, aiming to "bridge the real world and the Web3 world, providing a crucial gateway for companies and institutions." He expressed anticipation for more enterprises joining their ecosystem.

The partnership comes at a time of increasing interest from financial institutions in asset tokenization as a means to enhance liquidity, efficiency, and accessibility in capital markets. OSL and Ant Digital Technologies intend to work closely with regulators and market participants to deliver practical solutions in this evolving space.

Ant Digital Technologies, which recently established its international headquarters in Hong Kong in April 2025, is actively exploring green energy RWAs through the Hong Kong Monetary Authority’s Project Ensemble. This includes assets such as EV charging stations, distributed photovoltaic systems, and battery swapping infrastructure. This focus aligns with the broader trend of leveraging blockchain for tangible assets and creating new avenues for investment and liquidity in previously less accessible markets.