Ant Digital launches Jovay layer-2 to join Ethereum’s real-world assets party

The launch of Jovay, a new Ethereum layer-2 network by Ant Digital Technologies, a subsidiary of Alibaba's fintech arm, Ant Group. This was reported at the RWA REAL UP Dubai Summit 2025, aiming to compete in the growing race to tokenize real-world assets (RWAs).

The network is capable of handling 100,000 transactions per second with a 100-millisecond response time, forming part of Ant’s “Dual Chains and One Bridge” strategy. This strategy includes the AntChain asset layer and crosschain bridge infrastructure. Cobe Zhang, head of Jovay, emphasized performance and security as core pillars, stating, “Jovay is currently operating as a layer-2 solution on Ethereum.” Future plans include integrations with different layer-1 networks to enhance scalability. This development is significant for Ethereum’s ecosystem, potentially increasing its adoption for RWA tokenization and improving transaction efficiency.