RWA注册登记平台在香港上线，推动概念验证走向规模化应用

Core Viewpoint - The rise of Real World Asset (RWA) tokenization is driven by multiple factors, including the lack of liquidity in traditional assets, the maturity of blockchain technology, and changes in market demand. The industry is transitioning from concept validation to practical application, with significant growth in total value locked (TVL) reaching $12.5 billion by June 2025, a 124% increase from 2024 [7][8]. Group 1: RWA Overview - RWA refers to the digital representation and trading of tangible and intangible assets through blockchain technology, essentially creating tradable tokens based on real-world assets [6]. - The RWA industry is currently at a critical juncture, moving towards large-scale application through cross-industry collaboration, compliance pilots, and underlying technology innovation [7]. Group 2: Market Trends and Collaborations - Major global banks like Citibank and Standard Chartered are exploring RWA applications in payment settlements, asset management, and cross-border transactions [7]. - Recent partnerships, such as the one between Hanyu Pharmaceutical and KuCoin, aim to explore RWA tokenization projects in Hong Kong, focusing on innovative drug development revenue rights [8]. Group 3: Asset Suitability and Challenges - Not all assets are suitable for RWA tokenization; successful assets must meet three criteria: value stability, clear legal rights, and verifiable off-chain data [8]. - The report identifies five main asset categories for RWA: financial assets (gold, bonds), renewable energy assets (charging stations, photovoltaics), real estate, intangible assets (carbon credits, data), and computing power assets (GPU hardware) [8]. Group 4: Regulatory and Standardization Efforts - The launch of the RWA registration platform in Hong Kong aims to standardize the tokenization process, enhancing data management and compliance [11]. - The Hong Kong Web3.0 Standardization Association is developing key standards to support the RWA lifecycle, focusing on privacy protection, identity verification, and cross-chain technology [11]. Group 5: Financing Opportunities - The RWA registration platform is expected to transform assets into financeable products, enabling companies to leverage their projects for funding through standardized data submission and token issuance [12].