Conflux Network, a well-known platform that addresses blockchain scalability issues such as Ethereum and Bitcoin, has announced a new collaboration with Xuniny Group and Ant Digital Technologies. The purpose of the partnership is to introduce China’s earliest RWA project to promote green energy using battery swapping technology. The platform has accessed X’s official social media accounts to reveal this development.
China’s first battery swapping RWA project introduced
We partnered with @AntChain and Xunying Group to tokenize real-world green energy infrastructure. We have launched 596 battery swapping stations and over 15,000 lithium batteries in six cities. pic.twitter.com/iqlij1pvxe
– June 11th, 2025, Conflux Network Official (@Conflux_Network)
Conflux, Xunying Group and Ant Digital Technologies unveil China’s earliest RWA projects
The collaboration between Conflux and Xunying Group and Ant Digital Technologies is a groundbreaking development in China’s RWA sector. Xunying Group serves as a well-known platform for energy solutions, battery production and digital asset management. Additionally, Ant Digital Technologies will serve as a leading company dedicated to blockchain, security technology and privacy computing. The partnership focuses on the announcement of China’s earliest real-world assets (RWA) initiatives that utilize battery swap infrastructure.
Each project offers 576 battery swapping stations on the blockchain in six cities and battery swapping stations that exceed lithium batteries on the blockchain. Each physical asset operated by Xunying Group currently has a digital representation via tokenized real world assets (RWAS). Furthermore, they are integrated into a variety of Defi protocols.
Powering a borderless, compliant, secure digital capital ecosystem
According to Conflux, the infrastructure promises high frequency use in urban areas and generates predictable and stable cash flows, including battery services and rental fees. In this respect, infrastructure provides an ideal model from the perspective of asset digitization. Overall, the main purpose of the partnership is to establish a borderless, secure, compliant digital capital ecosystem that is obsessed with physical, real-world values.