Core Insights - The future of token economy must be rooted in the real economy to truly unleash its value [2] - The current global Web3 native asset scale exceeds $3.8 trillion, but most of it is still focused on speculative trading and value storage, lacking deep interaction with real industries [2] - Ant Group has been exploring the token economy, particularly through RWA sandbox practices, aiming to anchor real value and enhance efficient circulation and value interconnection in the real economy [2] Group 1: Technological and Application Developments - Continuous breakthroughs in blockchain infrastructure regarding performance and scalability are enabling more industry assets suitable for tokenization, driven by the deep integration of AI and IoT [4] - Asset tokenization is expanding from the financial sector to broader real industries such as renewable energy and computing power, transitioning from serving on-chain investments to supporting real industry financing [4] - Token payments are gradually extending from cryptocurrency trading scenarios to consumer and business payment scenarios, facilitated by active engagement from banks and payment institutions [4] Group 2: Strategic Focus and Compliance - Asset tokenization and token payments are seen as key growth engines in the Web3 space, acting as a bridge to deeply integrate the crypto economy with the real economy [4] - The exploration of tokenization should balance the pursuit of value and risk control, with compliance being emphasized as the lifeline of innovation [4] - Ant Group has clearly defined its boundaries from the outset: it will not issue virtual currencies or engage in any form of speculation, focusing instead on technological infrastructure to serve rather than disrupt industries [4]