Introduction
Sui Blockchain has teamed up with Ant Digital to bring real-world assets (RWAs) to blockchain. This partnership focuses on environmental, social, and governance (ESG) goals. The first tokenized assets, called “notes,” will link to a Chinese solar material company ranked on the Fortune China Top 500 list.
Simple and Effective Blockchain Tools From Ant Digital
Ant Digital became separate from Ant Group in April 2024. It now operates its blockchain tools under the ZAN brand. ZAN, launched in September 2023, makes it easier for businesses to use it.
ZAN Node RPC Service provides stable and fast connections to 22+ popular #blockchain networks, enabling effortless deployment of #Web3 projects and #DApps. It also offers a variety of enhanced capabilities for data retrieval and dynamic monitoring of smart contracts and… pic.twitter.com/1vbOUqF6x7
— ZAN (@zan_team) December 9, 2024
The tools include:
KYC tools, which check and verify user identities.
AML tools, which help meet compliance rules.
Systems to manage and issue tokenized assets securely.
These tools help businesses use blockchain more efficiently.
Blockchain Expanding an Already Strong Partnership
The collaboration further builds on earlier work. For instance, in August 2023, Ant Digital partnered with Mysten Labs, the team behind Sui Blockchain. Moreover, Ant Digital also became a Remote Procedure Call (RPC) node operator. As a result, this role helped strengthen Sui’s network and laid the groundwork for future growth
Cobe Zhang, Head of Web3 Product at Ant Digital, shared his thoughts:
“Sui is a leading public blockchain with advanced tools and a growing network. We want to keep offering solutions to support more projects. Our focus is on renewable energy and helping grow the real-world economy.”
Sui’s Blockchain Rapidly Growing Ecosystem
The Sui blockchain continues to expand quickly:
In August, Grayscale launched a financial product built on Sui.
In November, VanEck followed with its own Sui-based product.
Sui now holds $2 billion in Total Value Locked (TVL) across its network.
On December 11, Sui integrated with Backpack Exchange. This gave users access to the secure Backpack Wallet, a non-custodial wallet.
These milestones show that Sui is becoming a leader in tokenized ESG projects.
SUI/USDT Chart
Source: TradingView ESG Tokenization Grows Worldwide
The tokenization of ESG assets is expanding across the globe. For example:
China is part of the China-Singapore Green Finance Taskforce, which promotes green finance systems.
Hong Kong recently issued $100 million in tokenized green bonds through its Green Bond Programme.
PowerDime, a global energy firm, uses blockchain to tokenize renewable energy projects. It offers virtual wind and solar power agreements through platforms like Chintai.
These efforts prove that blockchain is key to the growth of sustainable finance worldwide.
The Future of Tokenization Looks Bright
Experts see strong growth for tokenization over the next decade:
A report by GFMA and Boston Consulting Group predicts tokenized assets will reach $16 trillion by 2030.
Citigroup, however, offers a more cautious estimate of $4–5 trillion.
Large financial companies are also entering the space. For instance, Goldman Sachs plans to launch three new tokenization products this year to meet rising demand.
Conclusion
The partnership between Sui and Ant Digital marks a major step for tokenized ESG projects. It combines innovation with sustainability to support green finance. As tokenization grows, projects like this will play a key role in the future of finance and sustainability. Experts predict this market could be worth trillions by 2030, making it an exciting opportunity for the crypto space.
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