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Ant Group Tokenizes $8.4B Chinese Energy Assets On Blockchain

A unit of the Chinese fintech conglomerate Ant Group is tokenizing more than $8 billion worth of energy infrastructure on its own blockchain.  Ant Digital Technologies, the enterprise solutions arm of the Jack Ma-backed Ant Group, is in the process of tokenizing 60 billion yuan ($8.4 billion) of power infrastructure on its AntChain network, according […]

6 mins read

Korean bill to legalize ICOs, Chinese firm’s Ethereum RWAs mystery: Asia Express

South Korean lawmaker wants to bring back ICOs A South Korean lawmaker has introduced draft legislation to create a framework for cryptocurrencies, including legalizing initial coin offerings (ICOs) and setting rules for stablecoin issuance. Lee’s proposes bill that brings ICOs back to South Korea. (KNN News/Youtube) The proposal, announced Thursday by ruling Democratic Party lawmaker […]