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Sui Blockchain and Ant Digital to Boost Tokenized ESG Assets
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Sui Blockchain and Ant Digital to Boost Tokenized ESG Assets

TheCoinrise Media
By TheCoinrise Media
Created 4 months ago, last updated 3 months ago
3 mins read
Sui Blockchain and Ant Digital to Boost Tokenized ESG Assets

Sui Blockchain, a top Layer-1 blockchain platform, has teamed up with Ant Digital, the technology division of China’s Ant Group. This partnership aims to use blockchain technology to turn real-world assets (RWAs) into digital forms, focusing mainly on Environmental, Social, and Governance (ESG) assets.

A Strategic Partnership to Provide Secured Tokenized Assets

According to a release, the partnership’s first project involves creating tokenized assets called “notes” linked to a Chinese solar material manufacturer. These notes aim to show the value and sustainability of the company’s operations. This project offers investors a clear and efficient way to support ESG-focused initiatives.

Additionally, this initiative responds to the growing demand for sustainable investments, which require transparency and accountability. Meanwhile, Ant Digital, through its blockchain brand ZAN, will play an important role in this effort. ZAN offers advanced blockchain infrastructure and tools that make tokenizing assets in many industries easy.

Likewise, the partnership shows how blockchain is changing traditional asset management. By turning real-world ESG assets into digital tokens, Sui Blockchain and Ant Digital use advanced technology to promote sustainability and build trust with investors.

Zodia Custody and Securitize to Boost Tokenized Asset Custody

Similarly, Zodia Custody formed a strategic partnership with Securitize, a renowned tokenization platform. 

This partnership is a step towards providing institutional investors with secure, compliant, innovative solutions for managing tokenized assets. Zodia Custody’s CEO, Julian Sawyer, expressed his enthusiasm for the possibilities that tokenization brings to the table. He highlighted that tokenization has the potential to redefine how institutions approach investments.

Securitization will play a pivotal role in the partnership, allowing institutional investors to access and trade tokenized assets. Notably, the platform is familiar with facilitating the digital transformation of traditional financial markets. In an interview, Carlos Domingo, the CEO of Securitize, emphasized the importance of bridging the gap between blockchain technology and established financial practices.

Tokenized Finance: The Future of Asset Management

Tokenization transforms financial markets by converting assets into digital tokens on a blockchain. This innovative process introduces higher transparency, faster transactions, and lower costs, appealing to traditional and new-age investors.

The tokenized money fund is accessible on a distributed ledger, enabling institutions to conduct real-time transactions and lower settlement risks. Despite these benefits, the Financial Stability Board (FSB) and the Bank for International Settlements (BIS) have issued critical warnings regarding the pitfalls of tokenization.
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