Ant Group has expanded its blockchain efforts by purchasing 10,000 ETH, valued at approximately $44 million, to enhance its AntChain platform. This strategic investment supports the tokenization of real-world assets and compliance scenarios. Additionally, Ant Group has launched Jovay, an Ethereum Layer 2 solution, to facilitate institutional-grade transactions without issuing tokens. These moves are part of Ant Group's broader strategy to integrate blockchain technology across sectors like insurance and finance, reflecting a cautious yet strategic approach to blockchain adoption.