Zhaojin Mining and SigmaLayer, a subsidiary of Ant Digital Technologies, signed a strategic cooperation memorandum to enter the gold RWA tokenization track.

Techub News: According to Hong Kong Zhaojin Mining Limited, during the Hong Kong FinTech Week, Zhaojin Mining signed a strategic cooperation memorandum with SigmaLayer, a subsidiary of Ant Digital Technologies. The two parties will collaborate in three major areas—digitalization of gold assets, intelligent supply chain risk control, and ESG credible value transfer—by leveraging blockchain, tokenization technology, and AI capabilities to drive the digital transformation and upgrading of the traditional gold industry. This cooperation aims to address pain points in the traditional operations of the gold industry through technological empowerment. The two sides plan to explore converting physical gold assets into on-chain digital assets and establish a full-lifecycle traceability system; simultaneously, they will utilize AI and blockchain technology to optimize supply chain risk control and enhance industry chain efficiency. Additionally, they will build a blockchain-based ESG credible tracking platform to promote the industry's move toward sustainable development.