Hong Kong's Chinese-funded institutions test the waters of RWA, a new opportunity under the stablecoin craze

Today I saw an article stating that Chinese financial institutions in Hong Kong are beginning to seriously research RWA (Real World Assets), which I find quite interesting.

In the past, everyone focused on old paths like quantification, hedging, and IPOs, but now Chinese institutions are gradually testing the waters in the direction of RWA, which is said to be a task assigned by headquarters and also a preparation for the stablecoin ecosystem.

In my opinion, this seems quite reliable. More formal institutions entering the market can bring some confidence to the entire market and gradually lead to the recognition of the RWA sector.

Overall, this can be seen as a sign of the market maturing slowly. There may be some noise in the short term, but in the long run, it may gradually connect on-chain assets with real-world assets, bringing more possibilities to the ecosystem.

The fact that Chinese institutions are starting to take action also indicates that this sector is beginning to be taken seriously, which is worth paying attention to.