JMWH is listed on RWA.xyz as a commodity-backed represented asset issued through Justoken. The asset description on RWA.xyz says each JMWH token represents one real megawatt-hour of energy backed by energy companies, with the total token amount reflecting contractual commitments covered by generation capacity assigned to clients.
The token is issued by Buenos Aires-based blockchain infrastructure company Justoken, backed by energy producers in Latin America.
Energy contracts are converted into blockchain-based tokens, allowing electricity to be tracked from production to consumption with full transparency. Once electricity is used, the corresponding tokens are burned, permanently removing them from circulation.
According to data from RWA.xyz, reflected in the image below, JMWH’s total asset value has now reached $2.229 billion, up 158.90% from 30 days ago, with 19 holders recorded on-chain.
Industrial Tokenization On The Ledger
