Conflux Network, a well -known platform that tackles scalability problems in the block chains such as Ethereum and Bitcoin, has announced a new collaboration with Xunying Group and Ant Digital Technologies. The partnership is intended to introduce the earliest RWA project in China using battery exchange technology to promote green energy. The platform went to his official social media account on X to reveal this development.
Introduction of the first battery swapping RWA project from China
We worked together with @Antchain and Xunying Group to Tokenize-Starmend with 596 battery slof stations and 15,000+ lithium batteries in six cities. pic.twitter.com/iqlij1pvXE
– Conflux Network Official (@Conflux_network) 11 June 2025
Conflux, Xunying Group and Ant Digital Technologies reveal China’s earliest RWA project
Conflux’s collaboration with Xunying Group and Ant Digital Technologies is a milestone development for the RWA sector in China. Xunying Group works as a well -known platform for energy solutions, battery production and digital asset management. Moreover, Ant Digital Technologies serves as a leading company dedicated to blockchain, security technologies and privacy computing. The partnership focuses on revealing the earliest Chinese Real-World Asset (RWA) initiative using battery swapping infrastructure.
The respective project offers five hundred sixty-off battery slof stations together with more than fifteen thousand lithium batteries on blockchain over 6 cities. The respective physical assets, which Xunying Group works, currently have digital representation via Tokenized Real-World Assets (RWAS). Moreover, they are integrated in various Defi protocols.
Manage borderless, in accordance with and secured digital capital ecosystem
According to Conflux, the infrastructure promises high -frequency use in urban areas, which generates predictable and stable cash flows, including battery service and rental prices. In this respect, the infrastructure delivers an ideal model in terms of digitizing assets. In general, the main objective of the partnership is to determine a limitless, secure and in accordance with a digital capital ecosystem that is laid down in physical real-world value.
Credit : cryptonews.net
