based on the materials of the site - By DeFi Planet
RWA Group, previously known as NFT China and a subsidiary of Digital Collection China (Hong Kong) Ltd, announced the upcoming launch of the world's first trading platform designed for non-financial real-world assets (RWA). The platform launch is scheduled for early August. The platform aims to digitize and enable global trading of physical assets, such as collectibles and industrial goods, using blockchain technology.
Unlike existing RWA platforms that primarily focus on financial instruments, this initiative fills a key gap in the market by targeting the tokenization of non-financial assets. It is based on the ERC-3643 protocol - a widely adopted standard that supports secure, compliant, and identifiable asset trading. This protocol combines important features such as transfer control and regulatory assurances, providing convenience for both institutional and retail participants.
To enhance the flexibility of transactions, the platform will support not only compliant USD stablecoins on EVM blockchains, Solana, and TRON, but also licensed offshore stablecoins RMB and HKD. This strategic move paves the way for the emergence of the first trading pair between offshore RMB stablecoins and tokenized RWA assets, opening new opportunities for cross-border investments and broader use of Chinese digital currencies.
Moreover, the platform features a dual-purpose model that combines RWA trading with e-commerce functionality. Users will be able to exchange tokens for physical goods, and project issuers will be able to tokenize and liquidate real assets. This model blends traditional trading with blockchain-based finance, providing faster market access and broader user engagement.
With the support of regulatory authorities in the US and China, RWA Group also plans to obtain licenses in Hong Kong, Dubai, and Kazakhstan to ensure full compliance with operational requirements. The project is supported by the Hong Kong International Institute for New Economic Research (INERI), led by CEO Fu Rao, a prominent figure in blockchain innovation in Asia.
Meanwhile, the Chinese authorities have begun recommending that state digital service providers and financial institutions explore the possibility of issuing stablecoins backed by yuan. This signals a potential shift in the country's long-standing cautious stance on cryptocurrencies and reflects a growing interest from the state in blockchain-based financial infrastructure.
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