The construction of the rural land circulation platform is a crucial aspect of deepening rural reform and promoting rural revitalization. This paper systematically explores the construction path and operational mechanism of the land circulation platform using a framework that analyzes policy support, technological empowerment, and multi-stakeholder collaboration, combined with typical cases and practical experiences. The research findings are as follows: Firstly, policy support serves as the institutional guarantee for platform construction. The central and local governments provide a legal basis and normative guidance for the platform’s operation through policies such as improving the “separation of three rights” system for land, standardizing the circulation process, and publishing guiding prices for circulation. Secondly, technological empowerment is the core driving force for efficient platform operation. Technologies such as blockchain, big data, and cloud computing have facilitated the digitization and transparency of land circulation. Thirdly, multi-stakeholder collaboration is a critical mechanism for the platform’s sustainable development. Governments, financial institutions, village collectives, and market entities form a network of shared interests. Practical experience has demonstrated that the land circulation platform effectively revitalizes rural resources, enhances agricultural efficiency, and promotes income growth for farmers through the organic integration of policies, technologies, and collaborative mechanisms. In the future, it is necessary to further strengthen data interconnectivity, improve risk prevention and control systems, and explore innovative models such as management right mortgages to inject sustained momentum into rural revitalization.