$BNB #RWA Boom
On July 21, Hong Kong-listed Coolpad Group (02369.HK) suddenly dropped a deep-water bomb on the market—officially establishing the Real World Asset Tokenization Division (RWA Division), personally led by Chairman and CEO Chen Jiajun.
The announcement reveals the capital's anxiety: as of the end of 2024, the group's investment property value reaches 3.151 billion HKD, but its market value has long been below the net asset book value of 26. Simply put, the capital market has turned a blind eye to this massive asset.
Coolpad is playing it quite aggressively: Shenzhen Nanshan office building + Dongguan industrial park, with a total value of 3.1 billion! In the past, the capital market treated them as if they didn't exist (stock prices have long been below net asset value), and now they are directly split into tokens and thrown into the crypto market. On the day of the announcement, the stock price surged 20% and then plummeted 17%; the cognitive gap between traditional finance and on-chain capital creates an arbitrage space for retail investors!
Dongguan Songshan Lake factory has an annual rent of tens of millions, but equity cannot be split and traded. After tokenization, landlords can be as simple as using 100 USDC, with rent credited every second—liquidity turns from a desert into a flood. Why does Coolpad dare to play so big? Established enterprises hold a large amount of dormant assets such as land and equipment. Once tokenized, companies with stock prices below net asset value will collectively revolt—the next might be the undervalued stock you hold!