Sui has reached a cooperation with Ant Group to promote the implementation of RWA in the new energy industry

ChainCatcher news, Layer1 blockchain and smart contract platform Sui announced a partnership with Ant Group and its Web3 technology brand ZAN, aiming to accelerate the integration of RWA (Real World Assets) into the Web3 ecosystem globally. The two parties will introduce the tokenization of real-world assets in the ESG field to the Sui blockchain platform, better supporting the development of the real economy through RWA. In August of this year, Chinese new energy company Langxin Group completed approximately 100 million RMB in "charging pile" RWA.

Industry insiders believe that RWA connects assets and the supply-demand sides of funds, helping to activate high-quality existing assets of small and medium-sized enterprises, enhance the liquidity of heavy assets, and empower the real economy.