AntChain Unveils Its "Two Chains and One Bridge" Platform for RWA Business

On October 29, according to official sources, Ant Group's AntChain unveiled its "Two Chains and One Bridge" platform for RWA business at the Hong Kong Fintech event for the first time. The platform aims to assist more mainland new energy assets in entering the Hong Kong RWA market, thereby enabling technological empowerment of physical assets. Zhang Chenguang, the head of Ant Group's Web3 business products, explained that "Two Chains and One Bridge" specifically refers to the "Asset Chain," "Transaction Chain," and "AntChain Trusted Cross-Chain Bridge." The application of the "Asset Chain" in the mainland allows enterprises' physical assets to be digitized and standardized, transforming them into tradable financial products. The "Transaction Chain" focuses on tokenizing funds, especially those from traditional financial institutions, to achieve efficient circulation and trading of funds through Blockchain technology.