Introduction: BlackRock and Goldman Sachs are entering the field, and the trillion-dollar windfall of RWA (Real World Asset tokenization) is reshaping the financial landscape. Just three days later, a key policy in Hong Kong is set to be implemented, which could become the final trigger to ignite the RWA sector! How to seize this wave of dividends? Which tokens will directly benefit? This article provides an in-depth analysis for you!
⏰ Countdown started: Only 3 days left for Hong Kong policy window!
On July 24 (Wednesday), the key consultation by the Hong Kong Securities and Futures Commission on RWA tokenization products is about to conclude! This means Hong Kong is very likely to introduce a clear regulatory framework in the short term, becoming the first major financial center in Asia to support the compliant implementation of RWA.
Hong Kong has released clear signals:
Policy paving the way: The Hong Kong Monetary Authority has already included RWA in the regulatory sandbox in 2023, allowing for the tokenization issuance of bonds, funds, and other assets.
Giants rushing in: Bank of China Hong Kong, UBS, and other institutions have successfully piloted RWA bond issuance, with a scale exceeding 270 million HKD.
Ecosystem layout: The Hong Kong Financial Secretary has made it clear that RWA will be promoted as a key development focus, aiming to build a Web3 hub.
Expectations for policy implementation:
Clarifying issuance rules: Clearing barriers for tokenized government bonds, real estate, private equity funds, etc.
Opening compliant entry: Attracting global institutional funds through Hong Kong into the RWA market.
Igniting market enthusiasm: Clarification of policies will greatly enhance investor confidence and drive funds into related crypto projects.
💰 RWA: The core channel for traditional trillion-dollar capital entering the crypto space.
Why are giants scrambling for RWA?
Trillion-dollar market: Global non-liquid assets (real estate, private equity, etc.) exceed $300 trillion, and a 1% increase in tokenization penetration represents a trillion-dollar market.
High-yield demand: On-chain stablecoin treasury yields (such as Ondo's OUSG) can reach over 5% per annum, far exceeding CeFi platforms.
BlackRock's entry signals: The world's largest asset management company has launched the BUIDL fund (over $375 million in size), anchored to U.S. treasuries, injecting confidence into the RWA (Real World Asset tokenization) sector.
In simple terms: RWA turns 'real assets' such as bonds and real estate into on-chain tokens, allowing ordinary investors to share in the high-value asset income with low thresholds!
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🚀 Key layout! These 5 major RWA concept tokens will benefit from Hong Kong policies (with logic attached).
$ONDO (Ondo Finance)
Leading position: Deep cooperation partner of BlackRock, managing over $450 million in assets, with OUSG (tokenized U.S. treasury) dominating the market.
Hong Kong layout: Actively expanding into the Asian market, the open policy in Hong Kong will provide compliant entry for its fund products.
Recent developments: Coinbase listing, Korean exchanges are scrambling, liquidity continues to enhance.
$POLYX (Polymesh)
Compliance specialization: A blockchain designed specifically for compliant security tokens (STO), recognized by multiple countries including Switzerland and Canada.
Hong Kong opportunity: If Hong Kong's policy clarifies STO rules, Polymesh will become the preferred issuance platform for institutions.
Institutional endorsement: Deutsche Börse, Dutch Bank, and others have joined its ecosystem.
$MANTLE (Mantle Network)
Ecosystem support: Mantle Treasury has purchased over $100 million in RWA assets (U.S. treasuries) and is promoting on-chain RWA applications.
Hong Kong connection: Backed by BitDAO's strong resources, deeply participating in Hong Kong's Web3 construction.
Huge potential: L2 performance advantages + financial strength, expected to become an RWA application incubation base.
$CFG (Centrifuge)
Established protocol: Focused on asset tokenization financing for small and medium enterprises (such as accounts receivable, inventory), with a TVL of over $250 million.
Real demand: Solving traditional financing pain points, Hong Kong's policy may accelerate its expansion among Asian corporate clients.
Innovative attempt: Collaborating with Aave to launch RWA lending pools.
$TRU (TrueFi)
Credit leader: Uncollateralized lending protocol, leading in institutional-level RWA loan scale.
Source of income: Real enterprise borrowing demand generates income, and demand may surge after Hong Kong's financial channels open.
Anti-cyclical: The on-chain credit market has a demand base in both bull and bear markets.
Other concerns: $PROPC (Real Estate RWA), $RIO (Realio Network), $GFI (Goldfinch), etc.
🔥 Action recommendation: How to layout with 3 days countdown?
Key allocation of Hong Kong-related tokens: $ONDO, $POLYX, $MANTLE are more directly affected by policies.
Focus on the policy implementation on July 24: Closely track the results and interpretations of the Hong Kong Securities and Futures Commission's consultations.
Diversify holdings to avoid FOMO: RWA is a long-term track, avoid going all-in on a single token at high prices.
Set stop-loss and take-profit: Short-term event-driven market fluctuations may be severe.
Conclusion: RWA is not only one of the most certain crypto narratives of 2024, but also a bridge connecting traditional finance and the crypto world. The implementation of Hong Kong's policy is likely to become the final spark to ignite the market! Ordinary investors have only 3 days left!
Disclaimer: This article is for reference only and does not constitute any investment advice. The cryptocurrency market is extremely risky, please be sure to DYOR (Do Your Own Research) and manage risks well.