PANews reported on December 23 that according to Sina Technology, green energy service provider GCL Energy and Ant Digital Technology signed a strategic cooperation agreement and successfully completed the first RWA (real world asset) based on photovoltaic physical assets in China, involving an amount of more than 200 million yuan. It is reported that this is the first RWA of photovoltaic physical assets in China, which helps domestic green assets to efficiently connect with overseas funds and realize digital technology to empower the real industry. This cooperation aims to improve asset transparency and transaction efficiency through blockchain and smart contract technology, while reducing transaction costs and realizing efficient connection between green assets and overseas funds.
As reported earlier this month, Sui has partnered with Ant Financial to promote the tokenization of ESG-backed RWAs .
