A branch of China’s Ant Group and Sui will provide a Chinese solar material manufacturer with greater exposure with tokenized assets available onchain.
Layer-1 blockchain Sui and China’s Ant Digital will work together to tokenize real-world assets. They plan to concentrate on assets in the environmental, social and governance (ESG) space.
Assets, which the partners are calling “notes,” of a Chinese solar material manufacturer ranked in the Fortune China Top 500 will be the first to be listed on the exchange. The manufacturer was not named in a statement provided to Cointelegraph. Ant Digital Technologies head of Web3 product Cobe Zhang said:
Ant Digital is the technology arm of Ant Group, operator of the massive Alipay payment network. Ant Digital began independent operation in April.
