Ant Group Launches Blockchain Project to Manage $8B of Energy Assets

Ant Digital Technologies, a subsidiary of Jack Ma's ANT Group, has unveiled a groundbreaking blockchain initiative aimed at transforming China's energy infrastructure. The project links over $8.4 billion worth of energy assets—including wind turbines and solar panels—to its AntChain platform, marking one of the largest blockchain deployments in the energy sector.

More than 15 million devices are now tracked on AntChain, creating an Immutable ledger for power output and outage monitoring. The system enhances grid stability and operational transparency across renewable and traditional energy assets.

Ant Digital is pioneering asset tokenization to democratize funding for energy projects. This approach allows direct capital raising through blockchain, potentially unlocking new investment channels for infrastructure development.