Techub News reports that Hong Kong Legislative Council member Chen Yong wrote that Real World Assets (RWA) are an inevitable product of the global economic transformation and upgrading. By utilizing blockchain technology to convert valuable real-world assets into tradable digital certificates (tokens) on the chain, a digital bridge between physical assets and global capital is built. This promotes the transition of hundreds of trillions of yuan in existing assets from static accumulation to dynamic circulation, becoming a new driver for financial services to better support the real economy. Chen Yong emphasized that Hong Kong is leveraging its unique institutional advantages and regulatory environment to position itself at the core track of global RWA development. By balancing compliance and innovation, Hong Kong aims to become a benchmark market for global RWA development.

RWA-2,02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)