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XCharge North America, a subsidiary of XCHG Limited (XCH), announced the launch of its Energy Asset Vault, a blockchain platform that converts energy projects into digital tokens.
The platform will tokenize utility-scale solar farms, grid-scale battery storage, and electric vehicle charging networks. XCharge said these energy assets typically generate revenue from electricity sales, grid services, and charging fees. The system tracks performance metrics including output, uptime, and revenue through real-time digital monitoring.
"Global energy demand is climbing to record highs, driven by AI, electrification, and data center growth," said Simon Hou, founder and CEO of XCharge. "Tokenizing energy assets allows us to connect global capital directly to the projects powering that demand, making the flow of investment faster, more transparent, and ready for the future."
The Energy Asset Vault launches with $10 million from XCharge’s treasury and planned capital market activities. The company plans to scale through partnerships with liquidity providers, blockchain networks, and secondary market integrations.
XCharge will begin pilot projects with select partners to tokenize energy assets and stream performance data to the blockchain. The pilots aim to validate the technology and demonstrate reporting capabilities before larger-scale rollouts.
Founded in 2015, XCharge provides electric vehicle charging solutions including DC fast chargers and battery-integrated DC fast chargers. The company combines proprietary charging technology with energy storage systems and related services.
The information is based on a company press release. Participation in the Energy Asset Vault may be subject to jurisdictional requirements and is not available in all markets.