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资产代币化起风了!RWA到底是什么?难题何解
Bei Jing Shang Bao· 2025-07-31 09:26
近几个月以来,真实世界资产代币化(Real World Assets,即"RWA")正成为当下的一大热词。 从概念来看,RWA是指通过区块链技术,将现实世界中广泛存在的各种有形和无形资产,转化为可以 在区块链网络上进行数字化表示和交易的数字代币,本质上是基于真实世界资产在数字世界生成可交易 的权证(Token)。 搭平台、做中介、去融资,各类市场主体动作频频。RWA的核心价值在哪里?与过往同样宣称上链的 NFT、ICO有何区别?更重要的是,撇去估值虚高、流动性幻觉的泡沫之后,从业机构应该怎么做? RWA成热潮 被誉为近年来区块链和加密货币领域最重要且最具潜力的趋势之一的RWA,实际发展由来已久。早在 2017年,加密货币领域ICO(Initial Coin Offering,即"首次代币发行")乱象四起,STO(Security Token Offering,即"证券型代币发行")概念应运而生,其核心便是将现实世界的金融资产通过代币的形式在 区块链上发行和交易。 随着探索的深入,RWA作为一个更广泛、更中性的术语逐渐流行起来,它不仅包含证券型代币,也包 括大宗商品、发票、碳信用额等非证券型资产的代币化,以及更 ...
X @Yuyue
Yuyue· 2025-07-21 09:19
MyStonks 也是好起来了,最近又有了中文名「麦通」,又集成了 OKX 钱包。而且 @MyStonksCN 在 STO 以及链上股票市场这一块的先进性做得真不错在我看来最大的优势就是两点:1️⃣ 币权真的映射了股权,链上代币也能享受股息分红2️⃣ 上新速度很快,满足了用户交易热点股的需求尤其是第二点,基本能满足用户追热点股的激情了。像是前两天的 BNB 微策略 $WINT 和 SOL 微策略 $UPXI ,麦通都是第一时间发了上新公告相信有了钱包这一流量导入的入口,大 B 哥 @BTCBruce1 的愿景又完善了一步。还没有注册的朋友们可以移步评论区找到传送门 ⬇️OKX Wallet (@wallet):We're excited to share that @MyStonks_Org has integrated #Wallet!You can now use our Wallet to trade RWAs and tokenized stocks token seamlessly on MyStonks' DEX. https://t.co/UKh8UKYDRt ...
非银行业周报20250720:中国香港《稳定币条例》生效在即,重视头部券商及跨境支付-20250720
Minsheng Securities· 2025-07-20 09:35
Investment Rating - The report maintains a "Recommended" rating for the industry, indicating a positive outlook for investment opportunities [7]. Core Insights - The Hong Kong "Stablecoin Regulation" will take effect on August 1, 2025, which is expected to enhance the development of the stablecoin industry in Hong Kong. The U.S. Congress has also passed the "Genius Act" to establish a regulatory framework for cryptocurrencies, signed into law by President Trump [1][2]. - Short-term, cross-border payment scenarios are anticipated to be significant applications for stablecoins, improving efficiency and reducing costs. Financial technology companies related to cross-border payments are expected to benefit, with a focus on companies like Lianlian Digital [1]. - Long-term, stablecoins are expected to facilitate virtual asset trading and the tokenization of real-world assets (RWA) and security token offerings (STO). Major Chinese brokerages are accelerating their involvement, with firms like Guotai Junan International upgrading their virtual asset trading licenses [2]. Summary by Sections Market Review - Major indices saw increases, with the Shanghai Composite Index up by 0.69% and the ChiNext Index up by 3.17% during the week [9]. - The non-bank sector experienced an overall decline, with the non-bank financial index down by 1.24% [9]. Securities Sector - The report highlights a significant increase in trading activity, with a total trading volume of 0.73 trillion shares and a turnover of 9.34 trillion yuan, marking a 6.05% increase week-on-week [17]. - The report notes that the margin trading balance reached 1.90 trillion yuan, a 1.52% increase from the previous week [17]. Investment Recommendations - The report suggests focusing on insurance companies such as China Pacific Insurance, New China Life, China Ping An, China Life, and China Property & Casualty Insurance. In the securities sector, it recommends attention to leading firms like CITIC Securities, Huatai Securities, Guotai Junan, and China Galaxy Securities [44][45]. - Non-bank institutions to watch include ZhongAn Online, Lianlian Digital, Hong Kong Exchanges and Clearing, and Lianyi Technology [45].