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Ant Chain Trust Company: New Initiative by Ant Group for Green Asset Tokenization

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by Giorgi Kostiuk

an hour ago

Ant Group and Longxin Technology have announced the formation of Ant Chain Trust Company aimed at enhancing digital asset management, particularly for green resources.

Ant Chain Trust and Green Asset Tokenization

The formation of Ant Chain Trust Company is set to transform fragmented green assets into 'measurable and tradable' digital assets. According to **Bian Zhuoqun, Vice President of Ant Group**, "The core mission of Ant Chain Trust is to transform fragmented green assets."

Ethereum Liquidation Risks

If Ethereum surpasses $4,550, the short liquidation risks could reach $1.59 billion. This poses a threat of significant market fluctuations. Ethereum is currently priced at $4,428.80.

Economic Challenges and Impact on the Crypto Market

Despite current market volatility, there has been no official confirmation of quotes from **David Solomon, CEO of Goldman Sachs**, regarding Federal Reserve rate changes. Analysts predict that activities from Ant Chain Trust could positively affect digital green asset markets.

The innovations introduced by Ant Chain Trust may change the approach to trading green assets. However, Ethereum volatility will continue amidst economic uncertainty.

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