Real-World Assets (RWAs) are emerging as one of the most dynamic trends in 2025, with Deloitte forecasting their market capitalization to soar to $4 trillion by 2035. This surge has attracted not only innovative RWA-focused startups but also traditional financial giants like BlackRock, who are actively exploring opportunities in this space.
In a significant development, publicly-listed digital asset platform OSL has announced a strategic partnership with Ant Digital Technologies, a subsidiary of Alibaba’s fintech affiliate Ant Group. The collaboration was unveiled at the RWA REAL UP Dubai Summit held on April 30, 2025, marking a milestone in the institutional adoption of RWAs.
Partnership Goals and Institutional Impact
The alliance combines Ant Digital’s advanced blockchain technology with OSL’s robust regulatory infrastructure to build institutional-grade solutions for asset digitization. Ant Digital brings its scalable blockchain platform, capable of handling high transaction throughput with strong security protocols, while OSL contributes its regulated market access and trusted digital asset services. Together, they aim to create a comprehensive ecosystem that facilitates the tokenization and trading of real-world assets at scale, addressing institutional demands for liquidity, compliance, and utility.
Eugene Cheung, Chief Commercial Officer of OSL, emphasized the transformative potential of this partnership, highlighting the shift of tokenization from a conceptual phase to a practical institutional reality. Dennis Zhang, Head of RWA Solutions at Ant Digital, noted the collaboration’s focus on bridging traditional finance and Web3 through regulated services, particularly targeting high-quality industrial assets and financial products.
Ant Digital’s New Layer 2 Blockchain: Jovay
A centerpiece of this partnership is Ant Digital’s launch of Jovay, a newly developed Ethereum Layer 2 blockchain unveiled at the Dubai summit. Jovay is purpose-built for tokenizing real-world assets with a special emphasis on green finance, including solar panels, electric vehicle charging stations, and battery infrastructure. The platform transforms these renewable energy assets into globally tradable digital tokens, thereby opening new financing avenues for sustainable projects and investors worldwide.
Jovay operates on the DeTerministic Virtual Machine (DTVM), a custom-built, WebAssembly-based, and Ethereum Virtual Machine (EVM) compatible smart contract engine. This technology supports high-throughput execution (up to 100,000 transactions per second) and integrates AI capabilities through tools like SmartCogent, enabling intelligent contract automation and lifecycle management. This combination facilitates fast, AI-assisted smart contracts and cross-border RWA transactions, enhancing efficiency and scalability in asset tokenization.
Focus on Green Finance and Global Expansion
Ant Digital Technologies, with over 14 million tokenized green energy devices already live on its platform, is setting a global benchmark in green asset tokenization. The partnership with OSL further strengthens its international presence, with Ant Digital establishing its global headquarters in Hong Kong and leveraging Dubai’s supportive regulatory environment to foster innovation in digital assets and tokenized securities.
This collaboration aligns with growing institutional interest in asset tokenization as a means to improve liquidity, accessibility, and operational efficiency in capital markets. Both companies plan to continue engaging regulators and market participants to develop practical, compliant solutions that will redefine how real-world assets are managed and traded globally.
This strategic partnership between OSL and Ant Digital Technologies represents a pivotal advancement in the tokenization of real-world assets, particularly in sustainable finance, and signals a robust future for institutional adoption of blockchain-based asset management.
