GCL Energy and Ant Digital Technology cooperate to complete RMB 200 million RWA based on photovoltaic physical assets
Xinxing Energy Service Provider, Xineng Science and Technology, and Ant Financial's Ant Financial have signed a strategic cooperation agreement and successfully completed the first domestic RWA (Real World Asset) based on photovoltaic physical assets, involving an amount exceeding RMB 200 million. It is reported that this is the first domestic photovoltaic physical asset RWA, which helps to efficiently connect domestic green assets with overseas funds and realize digital technology empowerment of physical industries. This cooperation aims to improve asset transparency and transaction efficiency through blockchain and smart contract technology, while reducing transaction costs and achieving efficient connection between green assets and overseas funds.
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