Ant Digital Technologies Tokenizes $8.4B in Chinese Energy Assets on Blockchain

Ant Digital Technologies, an enterprise arm of Jack Ma's ANT Group, has linked $8.4 billion worth of Chinese energy infrastructure to its AntChain blockchain platform. The initiative tracks 15 million renewable energy devices, including wind turbines and solar panels, providing real-time data on power output and potential outages.

The company has already raised 300 million yuan ($42 million) through tokenized assets for three clean energy projects. While plans to list tokens on offshore decentralized exchanges are under consideration, regulatory approval remains a critical hurdle.

Adoption is expected to remain institutional, with retail investors unlikely to participate significantly in the NEAR term. Musheer Ahmed of Finstep Asia notes that offshore listings will depend heavily on regulatory greenlights.