你曾想过，未来金融会是什么模样吗？ 10月1日，OKX 创始人兼 CEO Star Xu 受邀出席新加坡 Token2049 峰会，并在主舞台发表了《万物上 链，自托管即未来》(Everything Onchain, Self-Custody Is the Future)的主题演讲。他认为，金融的下一个 时代，不是由机构替用户保管资产，而是用户在链上真正掌控自己的资产。金融正如互联网发展一样， 从封闭系统走向开放协议，且链上金融的基础设施已全面就绪。他强调，随着"先信任，后验证"的时代 结束，金融正转向"先验证，后信任"，在这一背景下，自托管才是未来——金融的未来不在保险库里， 而是在你的加密钱包中。 随后，他在 X 平台发帖重申演讲观点："金融的未来不会在闭门造车中决定——它将在链上、公开透明 地构建。在 TOKEN2049 峰会上，我分享了我们的愿景：万物上链，优先自托管，信任前先验证。在 OKX 生态中，我们正以区块链上的每一个区块、每一笔交易，逐步建设这一未来。现在，一切才刚刚 开始。" 让我们走入Star他的视角，来窥探未来金融的面貌：为什么万物都将走向上链？为什么自托管是未来？ 以及OKX 如何参 ...

在Star的演讲中，他强调，"在未来，债券、现实资产、支付等各类要素也都会逐步迁移到链上"，目 前，真实世界资产代币化（RWA）正是这一趋势的具象化表现。 据悉，新加坡 Token2049 峰会是亚洲区块链与Web3 盛会，今年吸引了全球超过 25000名加密行业从业 者和500余家参展商。 当下，成规模的"上链资产"是稳定币。USDT、USDC已经成为部分跨境支付的新通道，链上交易量在 部分新兴市场逐步超过了传统银行渠道。 责任编辑：江钰涵 被视为亚洲地区的Web3行业盛会Token2049近期举行。OKX创始人兼 CEO Star Xu发表了《万物上链， 自托管即未来》的主题演讲。 "万物上链"的前提，还需要解决区块链的"交易效率""可扩展性"等关键技术问题。他在演讲中回忆 道："我创立OKX的时候，比特币就像是童话故事里的魔术豆子，今天很多公链也成为了去中心化应用 的基础设施。" 他在演讲指出："金融的下一个时代，不是由机构替用户保管资产，而是用户在链上真正掌控自己的资 产"，正如互联网从封闭走向开放，传统金融也将由封闭系统演进为开放协议，链上金融的基础设施现 全面就绪 。 他认为，OKX也将始终遵循去 ...

Group 1 - The ETHK Building, the world's first Real World Assets (RWA) building, was inaugurated in Nanjing, marking a significant milestone in the digital management of real-world assets [1][3] - Huajian Digital Industry Group Limited (stock code: 1931.HK) hosted the event, with participation from various institutions and enterprises, including Southern University of Science and Technology Hospital and Tianjin Pharmaceutical Group [1] - The launch of the RWA White Paper and strategic cooperation agreements with companies like Suzhou Chuangsheng Pharmaceutical Group and Jiangsu Mailian Technology were announced, focusing on areas such as innovative drug tokenization and digitalization of new energy assets [3] Group 2 - The establishment of the ETHK Building signifies the beginning of a new era in the digital management of real-world assets, leveraging blockchain technology and financial innovation [3] - Huajian Digital aims to create a comprehensive service system covering asset registration, compliant issuance, and global circulation, providing innovative financing channels for traditional industries and a compliant investment platform for global capital [3] - Industry experts believe that with the rapid development of the global RWA sector and the gradual clarification of regulatory frameworks, the ETHK ecosystem will transition from "concept validation" to "scalable implementation" [3]

Core Viewpoint - The announcement of the completion of the ETHK building marks a significant strategic shift for the company towards becoming a leader in the Real World Assets (RWA) digitalization space, supported by a new brand identity that reflects its commitment to blockchain technology and compliance [2][4][10]. Group 1: Strategic Infrastructure - The ETHK building is the world's first core base focused on RWA digital technology research and ecosystem empowerment, located in Nanjing with a total area of approximately 70,000 square meters [3][4]. - The building serves a dual purpose: as a physical base for research and collaborative innovation, and as a trusted technology development and output hub, expected to gather over 5,000 technical experts and R&D engineers [4][5]. Group 2: RWA Ecosystem Layout - The recent logo update and building completion represent the company's "second entrepreneurship," fully transitioning towards the RWA sector, which involves the tokenization of real-world assets [5][6]. - The RWA market is projected to reach a total locked value (TVL) of $12.5 billion by June 2025, reflecting a 124% increase from 2024, with a global market size expected to hit $16.1 trillion by 2030 [5][6]. Group 3: Innovative Business Model - The company has established a strategic partnership with Renhe Pharmaceutical to create the world's first OTC vertical RWA exchange, showcasing its innovative "exchange within an exchange" model [6][7]. - This model aims to provide on-chain financial infrastructure for leading enterprises across various industries, facilitating the tokenization of intangible assets and enhancing global asset flow [7][8]. Group 4: Value Creation and Market Impact - The company's RWA strategy aims to create multidimensional value, contributing to national strategies and public welfare, while enhancing the global OTC industry's digital transformation [8][9]. - The strategic collaboration with Renhe Pharmaceutical is expected to optimize asset structures and enable the introduction of innovative OTC products from global markets into China, benefiting both companies and consumers [8][9].

Core Insights - The announcement of the completion of the ETHK building marks a significant milestone for the company as it transitions to a new strategic focus on blockchain technology and compliance in the financial ecosystem [4][5][8] - The new logo symbolizes the company's evolution into a builder of next-generation on-chain financial ecosystems, moving beyond its previous identity [4][8] Group 1: ETHK Building and Its Significance - The ETHK building is the world's first core base dedicated to the research and ecological empowerment of Real World Assets (RWA) digitalization technology, located in Nanjing with a total area of approximately 70,000 square meters [5][7] - The building serves a dual purpose: as a physical infrastructure for research and collaboration, and as a credible technology development and output center, expected to gather over 5,000 technical experts and engineers [7][8] - Nanjing was chosen for its strategic alignment with the company's focus on high-tech intellectual property asset digitalization and its proximity to top universities, providing talent support [7][8] Group 2: RWA Ecosystem and Strategic Transformation - The logo update and building completion represent the company's "second entrepreneurship," fully transitioning to the RWA sector, which involves the tokenization of real-world assets [8][9] - The RWA market is projected to grow significantly, with a total locked value expected to reach $12.5 billion by June 2025, a 124% increase from 2024 [8][9] - The company has established ETHK Inc. and ETHK HOLDINGS LIMITED to position itself as a technology driver and infrastructure provider in the RWA ecosystem [8][9] Group 3: Strategic Partnerships and Business Model Innovation - The company announced a strategic partnership with Renhe Pharmaceutical to establish the world's first OTC vertical RWA exchange in the U.S., marking a key case for its "exchange within an exchange" business model [9][10] - This innovative model aims to provide on-chain financial infrastructure for leading enterprises across various industries, facilitating the creation of vertical RWA exchanges [10] - The partnership is expected to enhance both parties' capabilities, enabling the internationalization of Chinese assets and the introduction of innovative OTC products from abroad [10][11] Group 4: Value Creation and Market Potential - The company's RWA strategy aims to create multidimensional value, emphasizing altruistic values and contributing to national strategies and public welfare [11][12] - The collaboration with Renhe Pharmaceutical is set to revolutionize the OTC industry by enhancing innovation efficiency across the entire value chain [11][12] - The RWA market is on the verge of significant growth, with major financial institutions entering the space, positioning the company to lead in this emerging sector [12][13]

Core Viewpoint - The company Huajian Medical (01931) is undergoing a strategic transformation by establishing two new companies in collaboration with ETHK Group, focusing on the tokenization of equity assets and the development of a global blockchain financial ecosystem [1][6]. Group 1: Company Developments - Huajian Medical announced the formation of ETHK Inc. and ETHK HOLDINGS LIMITED to enhance its global blockchain financial strategy, particularly in promoting "on-chain stocks" [1]. - The company plans to change its English name to "ETHK Labs Inc." and its Chinese name to "华检数字产业集团有限公司" to reflect its ambition to become a leader in digital industry innovation and blockchain technology [1]. - Following the announcement, Huajian Medical's stock price surged approximately 8%, closing at HKD 10.71, a significant increase from HKD 2.22 on July 2 [1]. Group 2: Industry Trends - Asset tokenization is emerging as a significant trend in global financial markets, with Galaxy Digital recently allowing shareholders to tokenize and hold GLXY stocks on-chain, marking a notable case of stock tokenization by a public company [4]. - The advantages of on-chain stocks include 24/7 trading, near-instant settlement, reduced transaction costs, and seamless global circulation, driving a revolution in traditional financial assets [4]. - A joint prediction by Boston Consulting Group and ADDX estimates that by 2030, the global Real World Asset (RWA) market will reach USD 16.1 trillion, accounting for 10% of global GDP [4]. Group 3: Strategic Vision - The strategic upgrade of Huajian Medical aims to systematically build the "ETHK" blockchain financial ecosystem, which includes five core pillars: technical infrastructure, financial product matrix, sustainable models, global compliance framework, and seamless user access [6][9]. - The establishment of the two joint ventures allows Huajian Medical to focus on technology platform development while integrating global quality resources through capital means, creating a self-sustaining growth model [9]. - The company's vision aligns with national policies promoting financial technology innovation and digital economic development, potentially providing new channels for global financing and circulation of high-quality Chinese assets [10].

Core Viewpoint - The announcement by Huajian Medical (01931.HK) regarding the establishment of joint ventures and a rebranding signifies a strategic shift towards "on-chain finance," aiming to build the next generation of global asset circulation infrastructure [1][3]. Group 1: Strategic Shift - The name change from "IVD Medical Holding Limited" to "ETHK Labs Inc." reflects a new strategic vision that aligns with its role as a key technology and infrastructure provider in the "ETHK on-chain financial ecosystem" [1][3]. - The establishment of joint ventures alongside the rebranding indicates a systematic increase in investment in digital industries and on-chain finance, suggesting a long-term commitment rather than short-term market speculation [3]. Group 2: Trust Mechanism - There are two contrasting perspectives on Huajian Medical's transformation: supporters believe blockchain can effectively address global asset liquidity issues, while skeptics question the scalability of RWA (Real World Asset) and the clarity of the business model [4][6]. - The ability to build a sustainable, regulatory-compliant, and scalable trust system is crucial for the success of Huajian Medical's strategy [6]. Group 3: Strategic Drivers - The transformation is driven by three factors: the need to overcome growth bottlenecks in existing business, the necessity to attract investor attention with a new global and tech-oriented narrative, and the supportive policy environment in Hong Kong for Web3 and digital asset innovation [8]. Group 4: Value Distribution - Huajian Medical's ETHK ecosystem aims to create new opportunities for asset owners by providing pathways for financing and global market access through on-chain tools [9]. - For capital providers, Huajian Medical is expected to offer new investment interfaces that connect them to high-quality assets traditionally overlooked by the financial system [9]. Group 5: Conclusion - The establishment of joint ventures and the rebranding highlight a significant trend where Chinese quality assets are attempting to achieve global circulation through blockchain technology, while global capital seeks new value anchors [11]. - The success of Huajian Medical in converting its narrative of "on-chain finance" into a credible, investable, and sustainable reality will depend on its ability to address technical implementation, compliance, business models, and ecosystem collaboration [11][12].

Core Viewpoint - The announcement by Huajian Medical on September 14 signifies a strategic shift towards integrating the pharmaceutical industry with blockchain finance, indicating a new attempt for Chinese quality assets to go global [1][5]. Group 1: Company Strategy - Huajian Medical is transitioning to focus on digital industries and blockchain finance to create new growth avenues and enhance long-term shareholder value [6]. - The rebranding to "ETHK Labs Inc." reflects the company's new positioning as a key technology and infrastructure provider within the ETHK blockchain financial ecosystem [6][11]. - The establishment of ETHK INC and ETHK HOLDINGS LIMITED aims to develop a decentralized financial platform and serve as an investment and acquisition hub for digital industries [7][11]. Group 2: Global Asset Tokenization - Huajian Medical's strategy includes exploring the tokenization of global assets, particularly focusing on the tokenization of equity assets, which allows for efficient and compliant global financing and value discovery [9]. - The initiative aims to convert research outcomes and intellectual property into tradable digital assets, broadening financing channels for companies [9]. Group 3: Compliance and Security - The joint venture emphasizes compliance and security, seeking relevant financial and payment licenses globally, and establishing a comprehensive compliance framework [10]. - The framework includes KYC, AML, and CFT procedures, along with risk management tools to ensure the secure circulation of innovative assets on the blockchain [10]. Group 4: Strategic Significance - The collaboration with ETHK Group represents a significant upgrade in Huajian Medical's strategy, aligning with the global trend of financial asset digitization and blockchain integration [11]. - This strategic layout provides a broader platform for quality assets and diverse investment opportunities while ensuring safety through a strict compliance framework [11]. Group 5: Future Considerations - The development of the blockchain financial ecosystem is still in its early stages, facing challenges in technology, regulation, and market perception [13]. - Key questions include how to overcome technical barriers, establish a unified regulatory framework, and enhance market participants' understanding of blockchain finance [13].

Core Viewpoint - The announcement by Huajian Medical Holdings Limited regarding its partnership with ETHK Group marks a significant step towards creating a new financial ecosystem on the blockchain, aiming to facilitate the global flow and reconstruction of value, particularly in the Chinese healthcare sector [1][3]. Group 1: Company Overview - Huajian Medical is transitioning from a focus on in vitro diagnostics (IVD) to a broader role in the financial ecosystem by exploring the integration of assets and finance [7]. - The company is rebranding itself to reflect its new strategic direction, changing its name to Huajian Digital Industry Group Limited [1]. Group 2: Strategic Initiatives - The establishment of ETHK INC and ETHK HOLDINGS LIMITED is not merely a capital partnership but aims to build a decentralized and open financial platform [4]. - The ETHK ecosystem is built on five key pillars: technological infrastructure, financial products and asset matrix, sustainable business models, global compliance frameworks, and seamless user experience [5][6]. Group 3: Market Positioning - The collaboration is seen as a strategic extension that addresses the challenges of capital acceptance and value realization for innovative assets [7]. - The tokenization of assets is expected to enhance liquidity and provide a global platform for investment, breaking down geographical and institutional barriers [8][9]. Group 4: Industry Implications - The initiative is positioned as part of a broader trend towards the tokenization of real-world assets (RWA), which is gaining traction among major financial institutions [11]. - The ETHK ecosystem aims to serve as a public infrastructure for the global economy, emphasizing the importance of technology in rebuilding trust and facilitating cooperation [11]. Group 5: Future Outlook - The partnership represents a bold attempt to redefine the narrative of Chinese assets in the global capital landscape, with the potential to reshape financial order [14][15]. - The success of this venture could lead to significant changes in how value is discovered and exchanged on a global scale, particularly for Chinese innovative assets [13][15].

Core Viewpoint - The announcement by Huajian Medical Holdings Limited regarding its partnership with ETHK Group marks a significant step towards creating a new financial ecosystem on the blockchain, aiming to facilitate the global flow and reconstruction of value, particularly in the Chinese healthcare sector [1][4]. Group 1: Company Strategy and Structure - Huajian Medical has rebranded itself to Huajian Digital Industry Group Limited and established two new companies, ETHK INC and ETHK HOLDINGS LIMITED, to focus on building a decentralized and compliant financial platform [1][4]. - The ETHK ecosystem is built on five key pillars: technological infrastructure, financial products and asset matrix, sustainable business models, global compliance and trust framework, and seamless user experience [6][7]. Group 2: Financial Innovation and Market Position - The collaboration aims to tokenize real-world assets (RWA) and enhance liquidity, allowing assets to be traded like stocks and bonds, thus breaking geographical and institutional barriers [8][9]. - Huajian Medical is positioning itself not just as a participant in the healthcare sector but as a key organizer in the global capital chain, leveraging blockchain technology to address traditional financial system limitations [10][12]. Group 3: Global Financial Landscape - The initiative is seen as part of a broader trend towards the digitization of finance, with RWA tokenization becoming a significant focus for major financial institutions globally [11][12]. - The partnership is expected to create a new narrative for Chinese assets in the global capital landscape, facilitating a more balanced capital market and enabling global value discovery [13][15].