From February 10th to 12th, 2026, the "Global Trends & Frontier Practices" Consensus 2026 premium peripheral salon series, jointly initiated by German Singularity Technology and Gaoying Quantitative, and co-organized by Huaxia Digital Capital, was successfully held in Hong Kong. The three events focused on three main themes: "Integration of Digital Asset and Traditional Asset Strategies," "RWA and Enterprise Web3 Transformation Path," and "Hong Kong Gold RWA and Stablecoin Innovation." They brought together dozens of industry representatives from quantitative asset management, traditional finance, Web3 infrastructure, legal compliance, and academic research to engage in in-depth dialogues over three consecutive days.
This series of salons was themed "From Strategy Migration to Structural Restructuring." Participants moved beyond macro-level judgments like "whether to enter the market," focusing instead on practical issues such as strategy portability, the boundaries of asset tokenization, and compliant, executable frameworks. This resulted in a series of industry dialogues that combined industry depth with institutional rationality.
Day 1, February 10th
The integration and breakthrough of digital asset and traditional asset strategies
The first day of the event focused on quantitative asset management, highlighting the strategic positioning and execution logic of digital assets within the global asset allocation system. Lin Mingxuan, Head of Asset Management at Deutsche Singularity Technology, pointed out in his keynote speech that the digital asset market still presents numerous pricing errors that can be quantitatively identified. The core reason for its significantly higher arbitrage potential compared to traditional financial markets lies in the structural coexistence of high volatility and weak efficiency. He systematically showcased the team's practical experience in areas such as futures-spot arbitrage, cross-exchange arbitrage, and fee-based arbitrage, and introduced the transition path from traditional statistical arbitrage to a machine learning-driven strategy framework.
Xu Cheng, Deputy General Manager of the Product Department at Gao Ying International, further explored the cross-market migration practices of high-frequency market-making strategies and CTA strategies. He demonstrated a strategy adaptation path that integrates crypto-specific factors such as funding rates and on-chain fund flows into the price-volume model, and shared Gao Ying Quant's technological accumulation in AI-driven trading systems and ultra-low latency architecture, as one of the few institutions in Greater China with global multi-market trading capabilities. Robin, Head of the Giant Stone WEB3 Research Institute, added from a macro perspective that digital currencies are transitioning from high-risk speculative tools to long-term investment vehicles, and RWA tokenization will become an important infrastructure in this transformation process.
The roundtable discussion was moderated by Mr. Lin Mingxuan, CIO of Singularity Technology, with participants including YT, Founder and CEO of SDM Group (Nasdaq: SDM), Austin Liu, Chairman of Parkyo Hedge Fund, Jack Chen, Co-Founder & CEO of Moon Lab, Keaton, CMO of MSX, and Stella, COO of ArrivalX. The participants agreed that digital assets are evolving from early narrative-driven to strategy-driven models, with the explainability of return sources and the feasibility of risk management becoming core concerns for institutions. Cross-border payments, especially in the "global worker" scenario, are considered the most promising application area for stablecoins, and on-chain transactions provide a new pricing scenario to supplement some traditional market liquidity-discounted assets.
Day 2, February 11th
RWA and Tokenization Economy: Enterprise Web3 Transformation Path
The second day of the event shifted the focus from trading strategies to the enterprise side, highlighting the structural role of RWA tokenization in enterprise digital transformation. Joy, CMO of Singularity Technology, pointed out in her opening remarks that Web3 technology has moved from technological experimentation to a core element of enterprise strategic decision-making, helping companies redefine asset allocation, market operations, and business models.
The roundtable discussion was moderated by Ms. Bai Lu, founder of Forest Dew Consulting, and featured the following guests: Vito, founder and chairman of Hanfang Capital Group and CEO of the RWA division of China Real Estate Investment (HK0736); Dean, founder of Digireal Assets; Suki, VP of Web3Labs; Ronnie, AI Mall Ecosystem Expander; and Jie Hui, partner at Mankiw LLP. The participants reached a clear consensus: the core value of RWA tokenization lies not in the "tokenization narrative," but in the underlying capabilities to reconstruct asset liquidity and improve capital efficiency. The biggest challenge facing enterprises during transformation is not the technology itself, but how to build a digital asset management framework that complies with regulatory requirements and possesses commercial efficiency.
The triangular relationship between compliance, technology, and ownership confirmation permeated the entire discussion. The speakers pointed out that the evolution of RWA (Real Asset Management) is moving from proof-of-concept to structural implementation. Future competition will no longer be a contest of technological narratives, but a comprehensive competition of compliance capabilities, asset quality, and ecosystem synergy efficiency. For companies hoping to enter this field, clarifying their own asset attributes, building compliant pathways, and identifying genuine buyer needs are the fundamental paths to navigating the economic cycle.
In his keynote speech, ChainNeXT Group Founder & CEO Trev Ng further elaborated on the role of RWA tokenization in bridging decentralized finance and traditional assets. Following the speech, ChainNeXT Group and German company Singularity Technology announced a strategic partnership to jointly develop enterprise-grade Web3 solutions focusing on RWA tokenization and digital asset infrastructure construction.
Hunter, co-founder of RootData, added from a data perspective that the successful tokenization of RWA relies on the transparency and verifiability of multi-dimensional asset data. His platform, through real-time on-chain and off-chain data tracking and a transparency scoring system, is providing infrastructure-level support for asset selection and investor decision-making in the RWA sector.
Day 3, February 12
Hong Kong Gold RWA and Stablecoin Innovation: Real Assets, Currency Forms, and the Boundaries of Digital Finance
The final day of the event will push the discussion to a deeper level of the system. The event uses gold, a traditional core asset, as an anchor to systematically explore the realistic boundaries of its tokenization path from "asset on-chaining" to "extending its monetary attributes".
In his opening remarks, Professor Xiao Geng, Professor of Practice at the Chinese University of Hong Kong, Shenzhen and Chairman of the Hong Kong Institute of International Finance, offered a macro-level analysis. He pointed out that the core value of gold RWA lies not only in enhancing the liquidity and transparency of traditional assets, but also in providing an anchorable credit foundation for the deep integration of traditional finance and the digital economy. Hong Kong's completeness in institutional components such as treasury, licensing, and clearing laws gives it an irreplaceable locational advantage in the institutional experimentation and cross-border circulation system construction of gold RWA.
Lin Mingxuan, Head of Asset Management at Deshang Qidian Technology, used the analogy of "cross-store arbitrage via mobile phones" to systematically explain the underlying logic of quantitative arbitrage in digital assets. He pointed out that the digital asset market, due to its high volatility and weak efficiency, offers pricing error opportunities far exceeding those of traditional finance. He then used real-world data from strategies such as futures-spot arbitrage and cross-exchange arbitrage to verify the sustainability of this structural window of opportunity. At the strategy iteration level, the team is transitioning from traditional statistical arbitrage to a machine learning-driven framework to cope with the high-frequency changes and non-linear market characteristics. Regarding risk control, the embedding of multi-layered risk control mechanisms and a global real-time monitoring system ensures the robust operation of strategies in a highly volatile environment. As a fintech institution under the Hong Kong-listed Deshang Industrial Investment Services Group ( 02270.HK ), Deshang Qidian Technology's presentation fully showcased its strategic thinking and evolution path as it migrates from the traditional market to the digital asset sector.
Ye Kai, founding partner of Huaxia Digital Capital, combined the latest regulatory guidelines issued by the China Securities Regulatory Commission on February 6 regarding the issuance of asset-backed securities tokens overseas by domestic assets, and systematically proposed a closed-loop path of "Gold RWA × Gold Stablecoin". He emphasized that the key to Gold RWA is not in the "token issuance narrative", but in completing the gold financial infrastructure - building a structured framework that coordinates the asset side, cash side and transaction side around the three hard issues of confirmation of rights, reconciliation and settlement.
Kong Jianping, founder of Nano Labs and director of Hong Kong Cyberport, observes the development stages of Web3 and RWA from the perspective of compliance integration and industry integration. Nathan Ma, founder of DMZ.Finance, breaks down the four core elements of gold tokenization. Jeremy Lin, founder of On.Nexus, explores the potential forms of gold-backed synthetic assets in settlement and clearing.
The first roundtable discussion, themed "The Real Challenges of Gold Tokenization," was moderated by Ye Kai, Founding Partner of China Digital Capital, with Wang Zhonghe (a senior financial professional), Cynthia Xi (CRO of DigiFT Singapore), and Hazel Yang (Head of CaaS Business Development at HashKey) participating. The discussion systematically broke down the compliance boundaries of the Hong Kong licensing system, the on-chain rights confirmation and off-chain custody reconciliation mechanism, the "three-account alignment" structural design, and institutional-level information disclosure standards.
The second roundtable , moderated by Charles Zeng, head of RWA at Guofu Quantum, brought together representatives from several institutions, including Wang Long, chairman of the Greater Bay Area Financiers Association; Yoyee Wang, B2B Business Executive at Bybit; Frankie Zeng, CRO at CICC; and Pearce, VP at BenPay. The roundtable focused on an in-depth analysis of the underlying logic differences between gold stablecoins and gold RWA. Participants reached a consensus: the key to gold stablecoins transitioning from "asset anchors" to "payment instruments" lies not in conceptual innovation, but in the authenticity of the redeemable mechanism, the completeness of the compliance structure, the sustainability of liquidity market making, and whether a closed loop can be formed to address the integration costs with the existing financial system.
Conclusion | A Triple Dialogue, A Single Proposition
From the cross-market migration of quantitative strategies to the structural restructuring of corporate assets, and then to the digital expression of gold, an asset with a history of thousands of years—the three events, though seemingly different in topic, actually point to the same proposition: the relationship between digital assets and traditional finance is shifting from "whether to integrate" to "how to integrate."
This process has no single answer, but it has a clear direction. It does not rely on breakthroughs in a single technology, but rather on the verifiability of strategies, the verifiability of asset ownership, the enforceability of compliance, and the interoperability of infrastructure. It is not a subversion of the existing system, but a re-examination and redesign of traditional logic under new technological and market conditions.
The three-day discussion did not yield a conclusion, but it did outline a path. With more institutions entering the field, more assets being put on the blockchain, and more systems adapting, the integration of digital assets and traditional finance will evolve from a "node event" to a "systemic evolution." Hong Kong, with its institutional connectivity and market depth, is becoming an indispensable practice venue in this evolutionary process.
"Global Trends & Frontier Practices" will continue to track this process and, in subsequent salon series, will continue to build a rational dialogue platform across fields and markets, focusing on more specific sectors and institutional issues.
[Organizer]
[German-owned Singularity Technology (HK.02270)]
Deshang Qidian Technology is the core fintech institution under Deshang Industrial Investment Services Group (02270.HK), a Hong Kong-listed company, and is committed to becoming a leading alternative asset and digital financial services provider in Asia.
With its cutting-edge, self-developed quantitative system as its core engine, the company deeply cultivates rigorous, low-risk arbitrage strategies and machine learning strategies in the cryptocurrency market, creating stable value for clients that transcends economic cycles. Simultaneously, we provide TRS and OTC derivatives strategy design services to overseas institutions and ultra-high-net-worth clients.
Leveraging its profound insights into digital finance and traditional capital logic, Deshang Qidian has strategically deployed a full-cycle RWA (Real Asset Tokenization) service. Through an integrated solution encompassing asset identification, compliance design, and issuance and operation, we transform high-quality assets and superior operational capabilities into trustworthy digital financial products, driving the deep integration of traditional capital and the digital future.
[High-Profit Quantitative Analysis]
Highwin Quant is a Hong Kong-based, globally-oriented fintech firm specializing in quantitative investment and automated trading. The company deeply integrates quantitative strategy development with technological innovation, leveraging its self-developed intelligent algorithm system and high-performance computing platform, and integrating global multi-market data resources to provide institutional investors and high-net-worth clients with professional, stable asset management services and technological support. Highwin Quant adheres to the core philosophy of "Professionalism Creates Value, Technology Empowers the Future," strictly follows international compliance standards, and is committed to working with global partners to promote the intelligent development of quantitative finance and help clients achieve long-term, stable wealth growth.
[Co-organizers]
China Digital Capital
Huaxia Digital Capital is a digital investment bank focusing on the RWA (Real-World Asset Tokenization) sector. It is committed to RWA market research and education, issuance and investment incubation, RWA asset management platform, digital financial innovation and other solutions, aiming to build a bridge between real-world assets and crypto-world value.
