Real World Asset (RWA) Tokenization

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X @Chainlink
Chainlink· 2025-07-18 17:33
RT Sergey Nazarov (@SergeyNazarov)Excited to see our industry reaching new heights and getting global adoption from governments because of the fundamental value that our technology provides.The GENIUS Act is a huge step forward for stablecoins, forming the basis of on-chain payments for retail users in both highly developed and emerging markets. With even more fiat value now going on-chain, we are now off to the next stage of our industry's development, a Real World Asset (RWA) Tokenization boom phase.I'm e ...
NewGen Subsidiary Secures Strategic UAE Land and Begins Exploration of Potential Real World Asset Tokenization Initiative
Globenewswire· 2025-07-01 11:00
Core Insights - NewGenIvf Group Limited's subsidiary, NewGenDigital, has secured a strategic plot of land in Ras Al Khaimah, UAE, and is exploring the feasibility of issuing digital tokens tied to this plot as part of a blockchain asset digitization strategy [1][3] - The real estate project associated with the plot is projected to generate sales revenue exceeding US$400 million, indicating significant potential for financial returns [1][4] - The plot, measuring 110,400 sq. ft. with an estimated saleable area of approximately 527,750 sq. ft., is located in a prime beachfront area, benefiting from the region's economic growth and investor-friendly policies [2][4] Company Strategy - NewGenDigital aims to leverage Real World Asset (RWA) tokenization, which transforms physical assets like real estate into digital tokens, enhancing ownership management and liquidity [3] - The UAE's regulatory environment, including the establishment of the Ras Al Khaimah Digital Assets Oasis Free Zone and the Virtual Asset Regulatory Authority, supports NewGenDigital's blockchain initiatives [3] - The company's strategic move into the digital asset space aligns with its broader investment initiative of US$45 million in the UAE real estate market [1][3] Market Context - The Ras Al Khaimah region is poised for growth, particularly with the upcoming Wynn Al Marjan Island integrated resort set to open in early 2027, which is expected to further enhance the area's attractiveness for investment [2] - NewGenDigital's entry into the region is welcomed by local developers, indicating a collaborative environment for international brands and developers [4]