PANews July 22 news, according to Zhitong Finance reports, Coolpad Group (02369.HK) announced the official establishment of the 'Real World Asset Tokenization Division' (abbreviated as 'RWA Division'). The establishment of this department aims to coordinate and promote key work such as the tokenization of real-world assets (RWA). The company had already started exploring Web3.0 related fields as early as 2023, and the establishment of the RWA Division aims to more systematically adapt to the technological changes of Web3.0 and actively respond to the innovative direction advocated by the Government of the Hong Kong Special Administrative Region (Digital Asset Development Policy Declaration 2.0). The RWA Division will be directly led by Mr. Chen Jiajun, the chairman of the board and CEO of the company.
