Ant Group’s $8.5B Energy Asset Strategy Leverages Blockchain for Tradable Digital Records

Ant Digital Technologies, a unit of Jack Ma's Ant Group, has integrated over 60 billion yuan ($8.5 billion) of energy infrastructure onto its AntChain blockchain platform. The MOVE aims to transform physical power assets—including wind turbines, solar panels, and charging units—into immutable, tradable digital records. Already, the system tracks 15 million devices and has facilitated 300 million yuan ($42 million) in financing for clean energy projects via asset-backed tokens.

The initiative, which links real-world energy output to blockchain-based ledgers, surpasses typical pilot programs in scale. Ant's Whale blockchain, part of the same ecosystem, processed over $1 trillion in payments last year, underscoring the infrastructure's capacity for large-scale adoption.