Summary: Ant Digital Technologies, a unit of Ant Group, is linking over 60 billion yuan worth of energy assets to its blockchain, AntChain. The company is tracking power output and potential outages of new energy devices and issuing tokens linked to these assets, raising 300 million yuan for clean energy projects. While this approach offers cost and efficiency benefits, it faces regulatory challenges, particularly in mainland China.

Link: https://www.theedgesingapore.com/news/fintech/ant-digital-arm-puts-rmb60-bil-energy-assets-its-blockchain