Conflux Network, a leading blockchain platform focused on solving scalability challenges for Ethereum and Bitcoin, has announced a strategic collaboration with Xunying Group and Ant Digital Technologies to introduce China’s earliest Real-World Asset (RWA) project leveraging battery swapping technology.
The news was shared on Conflux’s official X (formerly Twitter) account.
Xunying Group, a major player in energy solutions, battery production, and digital asset management, along with Ant Digital Technologies, specialists in blockchain security and privacy computing, are jointly spearheading this initiative.
The project encompasses 596 battery-swapping stations and over 15,000 lithium batteries distributed across six cities, with these physical assets digitized and tokenized on the blockchain as RWAs.
These tokenized assets are integrated into multiple decentralized finance (DeFi) protocols, marking a significant milestone in bridging physical infrastructure with blockchain-enabled financial innovation, while promoting green energy adoption in China.
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