Ant Financial launches a brand new blockchain platform for efficient trading of global RWA funds.

date
01/05/2025
On April 30th, Dubai time, Ant Group announced the launch of the Layer2 blockchain Jovay for overseas markets. This is a high-performance and trustworthy blockchain platform specifically designed for RWA transactions, featuring a unique three-stage hierarchical confirmation mechanism to ensure transaction verifiability, supporting a throughput of 100,000 TPS and on-chain response time of 100 milliseconds. It will become an important component of Ant Group's "two chains and one bridge" architecture. This move signifies that RWA will enter the era of "millisecond-level trust transactions," further enhancing global liquidity. At the same time, Ant Group's new generation blockchain virtual machine DTVM made its first appearance.