Ethereum conquers China: Ant Group launches network to tokenize real-world assets

Recently, an Ethereum-based Layer 2 network was launched, specifically designed to tokenize real-world assets. This innovation promises to open the door to a new way of managing physical and financial assets using blockchain technology.

Ant Group, the giant company that owns Alipay, has just launched a Layer 2 platform called Jovay, built on Ethereum and aimed at tokenizing real-world assets for large institutions. This news, shared on social media, represents a key milestone for Ethereum, as it reinforces its position as a fundamental infrastructure for global finance.

According to the shared post, Jovay is not just any project. Rather, it is a robust network, built from the ground up to handle asset movement securely and quickly. In its initial tests, it was able to process between 15.700 and 22.000 transactions per second, and its goal is to reach an impressive 100.000 TPS. To achieve this, it uses an advanced combination of technology: zero-knowledge proofs and optimistic rollups, which together validate transactions efficiently and with high security.

Institutional tokenization on Ethereum accelerates

Despite the Chinese government's restrictions on the cryptocurrency industry, Ant Group has decided to use the public Ethereum network to develop Jovay and innovate in the world of asset tokenization for financial institutions. Other companies have opted to build private blockchains to maintain strict control and comply with government requirements. However, Ant Group chose Ethereum's open and global infrastructure, demonstrating confidence in the maturity and strength of this blockchain ecosystem.

The new Jovay network was created thinking of banks, insurers, governments and large companies that need digitize assets with traceability, regulatory compliance, and efficiency. From corporate bonds to property certificates, the platform integrates external data through oracles like Chainlink, ensuring that on-chain information is reliable and useful in decentralized environments.

Tokenization on Jovay follows a meticulous process that includes registration, structuring, issuance, and trading, with verification mechanisms that allow regulators to monitor without compromising the privacy of institutions. This enables direct transactions between authorized entities and DeFi liquidity providers, facilitating a seamless and secure interaction that connects traditional banking with decentralized finance.

Furthermore, the use of artificial intelligence improves data management, automates audits, and optimizes operational efficiency, strengthening control and traceability across the network. Jovay also takes care of the developer experience, offering them secure and scalable tools to create new financial applications on Ethereum.

On the other hand, OpenZeppelin's security support, with smart contract audits and robust development frameworks, further strengthens confidence in Jovay, reflecting Ant Group's commitment to the responsible and secure adoption of public blockchain technology.

Ethereum advances as an infrastructure for payments and institutional tokenization

Alipay's support for Ethereum to develop Jovay represents a profound shift in how traditional payment platforms align with public blockchain networks. Ant Group has chosen Ethereum as the backbone to expand into the DeFi universe, demonstrating with this commitment that the future of global finance is increasingly linked to this technology.

For experts, this move not only strengthens Ethereum's position as an infrastructure capable of supporting large-scale applications in regulated environments, but also demonstrates an openness toward financial systems that prioritize interoperability and transparency. By relying on a public network like Ethereum, rather than closed or private solutions, Alipay is betting on a more accessible and secure model. Jovay operates as a Layer 2 network that combines the robustness and security of Ethereum with increased speed and lower transaction costs, thus optimizing institutional payments and tokenized asset management.

Alipay's adoption of Ethereum also opens up new possibilities beyond traditional cryptocurrencies. Rather than focusing on digital currencies, Jovay stands as an infrastructure platform, making it easier for Banks, companies and governments can tokenize and manage diverse assets —such as corporate bonds or property certificates—with strict regulatory compliance and full traceability.

Added to this is the integration of artificial intelligence that powers the network, improving data processing and operational efficiencyThis combination of AI and blockchain enables advanced automation in contract, audit, and asset management, transforming institutional finance in China and ushering in a new era in the relationship between technology and the financial sector.

The digital transformation of real assets with Ethereum and Alipay

Alipay's entry into the Ethereum world, through the development of Jovay, not only resonates in the Chinese market, but also has a global impact. With a user base exceeding 1.400 billion, this partnership could boost Ethereum's use, not only increasing its reach but also multiplying transactions within the network.

Although Jovay isn't designed for end-users, its focus on the business sector represents a significant shift. Areas such as banking, insurance, logistics, and international trade could benefit from new applications powered by this technology. As an Ethereum-based project, Jovay connects with a global ecosystem of developers and tools, facilitating interoperability with other digital financial solutions.

This cooperation could also encourage other payment platforms and tech giants to follow suit. The adoption of Ethereum by a company linked to Alibaba, such as Ant Group, demonstrates the potential that public networks hold for large-scale enterprise projects. Beyond reinventing the wheel, Jovay leverages a robust and proven infrastructure, which reduces costs and accelerates deployment.

Finally, Jovay could serve as an example for other projects seeking to convert real-world assets, such as properties or physical assets, into digital formats. All of this opens up a range of possibilities for facilitating investments, managing assets, and obtaining financing in a more transparent and accessible manner, marking a step forward in the digitalization of real assets.

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Ant Group and Ethereum revolutionize financial services

With the launch of Jovay, Alipay and Ant Group are making significant progress in incorporating public blockchain technology into specialized financial systems. By building on Ethereum, they have chosen an open, secure, and widely adopted platform. This allows them to expand their operations without losing transparency or interoperability.

The new L2 symbolizes a profound transformation, reflecting how traditional finance is converging with the decentralized world. Ethereum thus consolidates its position as a fundamental infrastructure, not only for a Chinese giant but globally, serving as a pillar for developing innovative financial solutions that can change the game in the sector.