Hong Kong launched its first RWA registration platform.
Hong Kong is steadily progressing to become a global hub for blockchain and cryptocurrency technologies. This Thursday, the city unveiled the world's first RWA (Real-World Assets) registration platform.
The initiative aims to bring order to an emerging market that is generating significant interest but still lacks clear standards. According to China Daily, its proponents seek to establish parameters for the tokenization of real assets such as gold, real estate, and financial products.
* #RWA