Ant Group Launches Ethereum Layer 2 Blockchain to Scale Real-World Asset Tokenization

Ant Group has officially launched Jovay, a new Ethereum Layer 2 blockchain specifically designed for real-world asset tokenization at scale. Ant Digital, the division responsible for this project, aims to onboard 1.4 billion users via Alipay’s robust infrastructure. This strategic move by Ant Group could significantly impact Ethereum’s market dynamics and developer engagement as it integrates into a massive user base.