Rise of 2025 RWA: Shanghai and Shenzhen Xindi 5 billion fund leads asset tokenization!

This layout injects momentum into the RWA track, marking the entry of asset tokenization into the scale stage, and Ant Group's distributed power station revenue on chain project with leading photovoltaic companies has become a benchmark for "new energy x Web3".

The core value of RWA is to tokenize physical assets through blockchain, optimize allocation, lower barriers, and enhance liquidity. Previously, RWA was mostly piloted on a small scale due to policy and technological limitations. In 2025, the four regions will launch industrial funds to release policy support signals and build a funding bridge through the "government guidance+market participation" model to promote the integration of technology and entities.

The fund's investment in new energy charging piles, cold chain warehousing and other fields has the characteristics of "profitability and easy ownership confirmation", which is in line with the RWA screening logic. These assets rely on the development of related industries, with stable and quantifiable cash flows, laying the foundation for tokenization and pricing, and reducing circulation risks.

The layout of the four regions is not isolated, but a synergy of advantages: Shanghai takes the lead in formulating RWA industry standards, Shenzhen provides high-quality assets, and Singapore and Dubai attract global capital to assist cross-border circulation. This cross-border collaboration model of "technology+industry+capital" will accelerate the globalization of RWA.

The cooperation between Ant Group and leading photovoltaic companies intuitively reflects the application value of RWA. Both parties will tokenize the income rights of a 200MW distributed power plant and issue a $120 million bond (with a coupon rate of 5.3%), which will be sold out within 48 hours. This case solves the pain points of scattered new energy projects and low efficiency of traditional financing. Through RWA integration of income rights, lowering investment thresholds, and enhancing trust, it achieves rapid financing.

This case provides a replicable path for "New Energy x Web3": New energy assets solve the shortage of high-quality RWA targets, RWA technology broadens financing channels for new energy projects, and the two-way empowerment model is expected to be promoted to the wind power and energy storage fields, promoting the integration of green finance and digital finance.