You Won’t Believe What Ant Digital Is Throwing On The Blockchain!

by

A disquiet has arisen in the vast labyrinths of commerce and finance-Ant Digital Technologies, a somber yet ambitious offspring of that peculiar Chinese conglomerate, Ant Group, has set its trembling gaze on transmogrifying over $8 billion of what they call energy infrastructure into the ethereal realms of their own blockchain. As if energy itself, stored in turbines and solar panels, could be reduced to mere digital phantoms. 😂

Thus, comrades, Bloomberg, that chronicler of capitalist odysseys, whispers (with all the subtlety of a debt collector at midnight) that Ant Digital, under Jack Ma’s watchful and perhaps mischievous eye, is currently trying its hand at tokenizing 60 billion yuan’s worth of power infrastructure-all on the sacred altar of AntChain. Picture it-thousands upon thousands of wind turbines, solar panels, and other energy devices standing vigil as their output and outages are shipped off in ones and zeros, their very souls forever bound to the blockchain. ☁️⚡

And what of results, you ask? Why, this corporate Prometheus has already completed the financing of three clean energy projects using this elusive “asset tokenization,” managing to raise a paltry 300 million yuan ($42 million). The next step is, naturally, to mint tokens. Tokens for everyone! Tokens for you, tokens for me, tokens for the janitor who just wants his lunch break. 🎟️

As for the future, Ant Digital contemplates, with the gravity only bureaucrats can muster, placing these tokens on offshore decentralized exchanges. A veritable sea of liquidity awaits, if only the regulatory gods deign to approve. What could be more precious than approval-except, perhaps, silence?

Ant already tokenizing energy assets 

In the month of August 2024-ah, August, when the air itself seems heavy with the promise of disappointment-Ant Digital amassed 100 million yuan ($14 million) for the noble energy firm, Longshine Technology Group, linking some 9,000 electric charging units to AntChain. In December, it wrung over 200 million yuan ($28 million) for GCL Energy Technology by connecting nigh-mythical photovoltaic assets to its digital ledger. In short: everyone is being linked and nobody feels quite alive, not even the electrons. 🤖

Why do companies persist? Asset tokenization, apparently, allows them to circumvent the weary souls of loan officers and underwriters, swerving around the detritus of the old financial order to reduce costs and hasten the funding frenzy. It is also said to permit retail investors-those sturdy oxen of the modern economy-into a world where previously only titans roamed.

Stablecoin ambitions

Ant Group also harbors stablecoin dreams, grand, trembling, and perhaps doomed. In that most ironic month of July, it was reported that Ant Group was courting Circle, issuer of USDC, looking to integrate stablecoins into its enigmatic blockchain. Meanwhile, Ant International, that globetrotting sibling, dabbles in cross-border payments and stablecoin license applications, convincing itself of progress every sleepless night. 🥱💸

RWA onchain value at record high

This asset tokenization-real, unreal, surreal-is but a newborn in the world’s chaos. Even so, onchain value nearly doubled since the year began, hitting $28.4 billion this week (or so claims RWA.xyz, which may or may not exist outside the fevered dreams of token enthusiasts). Half of this is tokenized private credit-which, presumably, means money you owe-and a quarter is US Treasurys, which is money you’ll never see. Ethereum remains the favorite chain, commanding 57% of this mysterious and slightly tragic sector. It makes one wonder: is humanity itself not already tokenized, each of us just waiting to be minted?

Read More

2025-09-09 09:45