Alibaba also launches Ethereum L2 @JovayNetwork is a blockchain infrastructure project of Ant Group (Alipay), which is one of China's largest companies in the fintech sector. Jovay targets the tokenization of Real World Assets (RWA) and the infrastructure for it. This Jovay is built on Ethereum L2. Ant Group's Alipay has over 1 billion users. Gradually, the world is moving on-chain, especially towards Ethereum. --- Will RWA projects like @multibank_io and @Theo_Network, which we learned about through Kaito, also benefit from the entry of mega-corporations into the RWA market..?
The reason why Ethereum is so focused on expanding Blob space for L2.
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