$BNB It leverages blockchain technology to tokenize physical assets such as real estate and bonds. In the context of the transformation of global financial infrastructure, RWA can enhance asset liquidity, reduce investment thresholds, and allow ordinary people to participate in the distribution of urban public asset returns. Ant Group, Langxin Group, and others have completed RWA financing for charging piles, while Greenland Jinchuang has also applied for a virtual asset trading license to layout real estate RWA. However, RWA faces regulatory and technical challenges, as global cross-border regulation has not reached a consensus, and multi-chain interoperability still needs to be resolved.