Aurora Optoelectronics Pioneers Computing Power Tokenization with Ant-Digital-Blockchain-Based RWA Issuance

On August 8th, listed Chinese technology company Aurora Optoelectronics Co. Ltd. successfully completed China's first Real World Asset (RWA) tokenization project centered on artificial intelligence computing power, raising tens of millions of yuan through the innovative blockchain-based financing mechanism. The groundbreaking transaction was executed with support from Ant Digital Technologies, marking a significant milestone in China's adoption of tokenized asset financing.

Project Overview and Asset Structure

The underlying assets for this RWA issuance consist of AI servers owned by Aurora's subsidiary, Shenzhen Zhisuanli Digital Technology Co., Ltd., with the initial phase valued at tens of millions of yuan. This represents the nation's first computing power asset RWA, establishing a new paradigm for AI infrastructure financing.

RWA (Real-World Assets) refers to the digital representation of asset rights through tokens stored, transferred, and traded on blockchain networks. Unlike physical assets that face challenges in ownership verification and trading difficulties, RWA enables digitization and standardization of real-world assets, leveraging global blockchain network interoperability to bring enhanced liquidity to traditional assets.

Strategic Alignment with Computing Power Business

Aurora's computing power business demonstrates natural compatibility with RWA blockchain requirements. Computing resources are inherently suitable for data-driven management, naturally aligning with the trusted asset requirements of on-chain RWA systems. Through asset tokenization, the project achieves real-time insights into server operations and operational data, ensuring transparent and verifiable returns.

The computing power business model allows for flexible resource allocation and dynamic adjustments based on different client requirements, significantly reducing capital occupation and resource idle risks typically associated with traditional heavy asset investments. This structure ensures stable and transparent returns for investors.

Technical Implementation and Compliance Framework

During the RWA issuance process, both parties conducted strict screening of on-chain asset compliance, revenue quality, and operational status to ensure asset authenticity and data traceability. The project employs a dual-pronged approach:

Technical Infrastructure: Leveraging Ant Chain technology, the project completes technical on-chain integration of AI server operational information, ensuring asset data security, transparency, and immutability on the blockchain, thereby guaranteeing return transparency and verifiability.

Regulatory Compliance: The RWA was issued offshore through compliant channels, effectively attracting international capital and opening new pathways for cross-border financing. This innovative financing method not only enhances asset liquidity and market attractiveness but also provides strong support for the company's international business expansion.

Industry Standards Development

In March 2024, China's first technical standard for physical asset blockchain integration was officially initiated, marking a new phase in the standardization process for physical asset RWA. The specification, led by China Academy of Information and Communications Technology (CAICT) and Ant Digital Technologies with participation from nearly 20 companies, systematically proposes a comprehensive technical framework for data on-chain processes targeting manufacturing equipment, energy equipment, and other physical asset scenarios, building a trusted digital foundation for the trillion-dollar RWA market.

Aurora serves as the only computing power industry enterprise participating in the specification development, actively contributing to the formulation of standards for physical asset digitization. In practice, the company strictly implements verification and confirmation of source equipment data and business data, completing asset data circulation on blockchain with traceability and tamper-proof features, achieving trusted mapping from "real-world assets" to "on-chain digital assets."

Market Context and Industry Evolution

The timing of Aurora's RWA launch aligns with broader industry trends toward asset tokenization. Earlier this year, GCL Energy Technology partnered with Ant Digital Technologies to complete China's first blockchain-based RWA project in the photovoltaic industry, securing 200 million yuan in cross-border financing, demonstrating the viability of RWA tokenization for Chinese companies seeking alternative funding sources.

Since 2025, the rapid development of DeepSeek and other excellent domestic large language models has been driving computing power RWA to become high-quality digital assets. This process centers on a fundamental shift in thinking—from traditional debt/fixed-income models toward equity-based thinking. While traditional heavy assets pursue stable, low-risk returns, computing power output tokens represent not only the results of computing services but also create unique differentiated competitive value through underlying technological enhancement and intensive operations, highly aligning with RWA value mechanisms.

Future Outlook and Strategic Vision

Aurora firmly believes that technological progress continues to enhance computing efficiency, and the integration of the computing industry's data-driven operational model with RWA has become an inevitable trend. This injects new value into computing assets and creates broader value discovery opportunities for investors.

The tokenization ecosystem continues expanding rapidly, with major distributors, DeFi platforms, tokenization providers, and custodians creating comprehensive infrastructure to support RWA projects. Aurora's successful completion of its AI computing power tokenization suggests growing institutional confidence in blockchain-based asset financing, particularly for technology companies requiring substantial capital for infrastructure investments.

This development signals China's increasing embrace of blockchain technology for legitimate business applications, with the focus on real-world assets with tangible underlying value aligning with regulatory preferences for blockchain applications that support the real economy rather than speculative trading.