On May 5, 2025, Layer-2 solution Jovay was unveiled by Ant Digital Technologies, a subsidiary of Ant Group, at the RWA REAL UP Dubai Summit. Built on Ethereum, this blockchain platform targets tokenized real-world assets (RWA), such as property and stocks, offering high-speed transactions and scalability. With a $3.2 trillion crypto market and growing interest in Web3, Layer-2 solution Jovay aims to transform green finance and asset trading. This article explores how Ant Group advances blockchain technology, its implications, and opportunities for investors and developers.
Why Layer-2 Solution Jovay Was Developed
Layer-2 solution Jovay addresses Ethereum’s scalability limitations, where transaction speeds are capped at 15–30 per second (TPS). Designed for RWA tokenization, the platform achieves up to 100,000 TPS with a 100ms response time, enabling efficient trading of assets like real estate and equities. Ant Digital Technologies, leveraging Ant Group’s expertise in fintech, developed this Ethereum Layer-2 to meet the demand for faster, cost-effective blockchain solutions.
The launch aligns with global blockchain adoption trends, as companies like BlackRock explore tokenized funds. Layer-2 solution Jovay uses a proprietary tech stack with zero-knowledge proofs (ZKP) and is EVM-compatible, ensuring seamless integration with Ethereum’s ecosystem. Posts on X reflect enthusiasm, with users noting its potential to reshape RWA markets.
Details of Jovay’s Technology
Layer-2 solution Jovay operates as an Ethereum Layer-2, utilizing ZKP for secure, private transactions. Its dual-consensus mechanism combines Proof-of-Stake (PoS) and Proof-of-Authority (PoA), balancing decentralization and efficiency. The platform supports smart contracts, enabling developers to build decentralized applications (dApps) for RWA trading, DeFi, and green finance initiatives.
Unlike Optimism or Arbitrum, Jovay prioritizes RWA use cases, offering low-cost transactions and high throughput. Ant Digital Technologies plans to launch a testnet in Q3 2025, with the mainnet expected by early 2026. The platform’s infrastructure, built on Ant Group’s AntChain, ensures interoperability with Layer-1 chains, enhancing scalability for Web3 applications.
Implications for the Blockchain Industry
Ant Group’s blockchain platform signals a shift toward mainstream RWA tokenization. By addressing Ethereum’s high fees and slow speeds, Jovay could attract institutions seeking efficient blockchain solutions. The $1.7 trillion RWA market, including tokenized bonds and real estate, stands to benefit, as seen in JPMorgan’s tokenized fund pilots.
However, competition from Polygon and Base poses challenges, as these Layer-2 networks also target scalability. Regulatory hurdles in markets like the U.S. and China may impact adoption. Despite this, Jovay’s focus on green finance aligns with global sustainability goals, potentially drawing support from eco-conscious investors.
Opportunities for Developers and Investors
Layer-2 solution Jovay opens doors for developers and investors. Developers can create dApps for RWA trading, leveraging Jovay’s EVM-compatibility and low fees. Investors may explore Web3 projects on Jovay, as Ant Group’s backing enhances credibility. The platform’s integration with AntChain could drive partnerships with firms like HashKey, expanding Web3 ecosystems.
Ant Group’s $150 billion valuation and Alibaba’s global reach position Jovay as a strong contender. Projects like Worldcoin’s World Chain show growing Layer-2 interest, suggesting a bullish outlook for Jovay.
Challenges Facing Jovay’s Adoption
Statistics on the Real World Asset (RWA) sector, screenshot from rwa.xyz taken on May 5, 2025.
Ant Group’s blockchain platform faces regulatory and technical hurdles. China’s strict crypto policies could limit domestic use, while global compliance requires navigating diverse frameworks. Technologically, ensuring ZKP scalability without compromising security is critical. Competition from established Layer-2 solutions like Mantle adds pressure.
Market sentiment on X highlights concerns about regulatory risks but praises Jovay’s performance. Ant Digital Technologies must address these challenges to sustain momentum and build trust in Web3 communities.
Looking Ahead for Layer-2 Solution Jovay
As Ant Group advances blockchain technology, Jovay positions itself as a leader in RWA tokenization. Developers should prepare for the testnet, while investors monitor partnerships. With Web3 adoption surging, Ant Group’s blockchain platform could redefine green finance and asset trading, shaping the future of blockchain innovation.