Ant Group Plans Launch of Public Chain for Real Transactions in Late September 2025

Reported by PANews on August 7th, Ant Group's blockchain executive detailed the upcoming public blockchain launch following the April debut of Jovay, reinforcing its strategy to bridge Web2 and Web3 with trusted assets.

Summary

PANews reported on August 7th that Ant Group Vice President and President of Ant Digit's blockchain business, Bian Zhuoqun, revealed that the company's self-developed public blockchain, capable of handling real transactions, is scheduled for launch at the end of September 2025. This follows the April 30th launch of the compliant, tokenless Layer 2 blockchain, Jovay. Bian Zhuoqun stated that Ant Digit aims to bridge Web2 and Web3 by providing trusted assets and compliant capital, while expanding its RWA asset portfolio across new energy, computing power, and finance, with market projections reaching $16 trillion by 2030.

Terms & Concepts
  • Public chain: A decentralized blockchain network that is accessible to the public for processing transactions.
  • Layer2 blockchain: A secondary protocol built on a primary blockchain to improve scalability and efficiency.
  • RWA asset: Real World Assets represented on a blockchain in digital form.