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Ant Group launches Layer-2 Jovay: A major step into the race for real asset tokenization on Ethereum
During the TOKEN2049 conference in Dubai, Ant Digital Technologies – the digital technology subsidiary of Ant Group – officially announced the Jovay layer-2 platform, a new blockchain solution focused on the Real World Asset (RWA) sector, meaning real assets.
Jovay – High-speed Layer-2, serving the future of digital finance
Jovay is designed to handle up to 100,000 transactions per second, with near-instantaneous response times, directly targeting the trading needs of traditional assets such as real estate, bonds, securities,... on the blockchain. This is a strategic move to ride the wave of real asset tokenization – a trend expected to revolutionize the finance industry in the coming decade.
Jovay – High-speed Layer-2, serving the future of digital finance
Jovay is designed to handle up to 100,000 transactions per second, with near-instantaneous response times, directly targeting the trading needs of traditional assets such as real estate, bonds, securities,... on the blockchain. This is a strategic move to ride the wave of real asset tokenization – a trend expected to revolutionize the finance industry in the coming decade.
🚀 Ant Group launches Jovay — the fastest Ethereum Layer 2 for RWA.
The parent company of Alipay with over 1.4 billion users introduced Jovay — an institutional Layer-2 Ethereum network for tokenizing real assets.
⚙️ Performance: 15,700–22,000 TPS, with the potential to reach 100,000 TPS.
🧠 Hybrid ZK + Optimistic proof, without its own token — focusing on corporate solutions, not speculation.
🏛️ Integration with AntChain allows banks and funds to conduct instant settlements with DeFi without breaching regulations.
🌏 Jovay could become a crucial link between traditional finance and blockchain in the RWA sector, which has already surpassed $12 billion on Ethereum.
#AntGroup #Jovay #Ethereum #RWA #Layer2 $SUI $XLM $AVAX
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The parent company of Alipay with over 1.4 billion users introduced Jovay — an institutional Layer-2 Ethereum network for tokenizing real assets.
⚙️ Performance: 15,700–22,000 TPS, with the potential to reach 100,000 TPS.
🧠 Hybrid ZK + Optimistic proof, without its own token — focusing on corporate solutions, not speculation.
🏛️ Integration with AntChain allows banks and funds to conduct instant settlements with DeFi without breaching regulations.
🌏 Jovay could become a crucial link between traditional finance and blockchain in the RWA sector, which has already surpassed $12 billion on Ethereum.
#AntGroup #Jovay #Ethereum #RWA #Layer2 $SUI $XLM $AVAX
Subscribe to @VRIO to not miss the latest news about cryptocurrencies!
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