GCL Energy, Ant Digital raise CNY 200 million by tokenizing solar assets in China

GCL Energy Technology and Ant Digital Technologies have raised CNY 200 million ($27. 4 million) by tokenizing solar assets in a bid to pioneer blockchain-based financing in renewable energy. GCL Energy Technology, in partnership with Ant Digital Technologies, has launched China's first blockchain-based real world asset (RWA) issuance in the PV sector, raising CNY 200 million in cross-border financing. The companies said the initiative, which was announced on Dec. 23, aims to set a new standard for green financing by combining blockchain technology with renewable energy assets. The project has ...

Den vollständigen Artikel lesen ...