Ant Group: The self-developed public chain Jovay is expected to launch on the mainnet this September, without issuing tokens

ChainCatcher news, according to Jinshi reports, Ant Group's Vice President and President of Ant Digital Technology's Blockchain Business, Bian Zhuoqun, revealed today that the company's self-developed public chain is scheduled to officially launch by the end of September 2025, and this public chain will be able to handle real transactions.

On April 30 of this year, Ant Digital Technology released the Layer2 blockchain Jovay, clearly stating that Jovay is a compliance-grade blockchain and will not issue tokens. Bian Zhuoqun stated that Ant Digital Technology is committed to becoming a gateway connecting Web2 and Web3, providing more trusted assets for Web3 while introducing more compliant funds for Web2. She cited data predicting that the global tokenization market size is expected to reach $16 trillion by 2030.

Currently, Ant Digital Technology has been expanding its RWA asset landscape in fields such as new energy, computing power, and finance.