Against the backdrop of accelerated financial innovation in the Guangdong-Hong Kong-Macao Greater Bay Area, the "RWA Practical Implementation Seminar - Guangzhou Station" was successfully held on August 8, 2025, at the Chow Tai Fook Financial Center in Guangzhou. The event was jointly organized by the RWA Research Institute, Magic Lantern Institute, K11 Atelier, Metaverse and AI Thirty-Person Forum, Beijing Dacheng (Guangzhou) Law Firm, and Dacheng Financial Industry Committee Web3 Research Center. It gathered over a hundred industry professionals, including legal experts, technology companies, and listed company executives, to systematically explore the practical paths of RWA in compliance issuance, technological empowerment, and cross-border circulation through themed speeches and roundtable discussions.
[The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating to English.]Tony Tse (Nixon Peabody Consultant) introduced the evolution and current state of cryptocurrency regulation in Hong Kong in his speech, explaining the compliance practices of RWA in Hong Kong. He reviewed the principle of "same business, same risks, same rules" established by the Hong Kong government's cryptocurrency policy declaration in 2022, and the 2023 amendment to anti-money laundering regulations that brought cryptocurrency exchanges under licensing supervision. He emphasized that all token exchanges require a license regardless of whether tokens are securities, and clarified requirements for company registration, capital, internal controls, personnel qualifications, and anti-money laundering. He elaborated on the stablecoin regulations implemented on August 1st, explaining stablecoin definitions, recognition standards, and regulatory scope. He highlighted that issuing, pegging to the Hong Kong dollar, or promoting to Hong Kong public requires regulation, and detailed licensing conditions, capital and liquidity requirements, custody arrangements, cybersecurity standards, and compliance obligations. Using HSBC's gold tokenization as an example, he demonstrated RWA's compliance pathway in Hong Kong and noted that different underlying asset types affect regulatory complexity. Tony Tse believes Hong Kong's unique advantages in legal systems, capital environment, and international connections will help promote virtual currency and RWA development, creating a safer and more competitive growth space in stablecoin and asset tokenization applications.
Round Table Forum One: 'How RWA Integrates with Real Industries'
In the round table forum, Xu Yuanchong, initiator of the Metaverse and AI Thirty-Person Forum and Dean of the Metaverse Institute at RWA Research Institute, approached the topic from "capital and industry integration", noting that capital markets are not just financing channels but also important forces driving strategic upgrades, management optimization, and cultural construction.
Xu Zhongjun, Chairman of Jinchang Interconnection, emphasized that enterprises must focus on core competitiveness and industry position when introducing RWA concepts or entering capital markets, avoiding blind pursuit of valuation and viewing capital and asset digitization as growth accelerators rather than endpoints.
Yi Weihua, Chairman of Woge Optoelectronics, approached from the consumer perspective, believing future competition lies in deep brand and data integration. RWA technology can make supply chains and consumer trust systems more transparent, helping brands form efficient closed loops in product development, channel construction, and user operations.
Zhang Mingchi, CEO of Puff Media, focused on metaverse, blockchain, and artificial intelligence, pointing out that these technologies combined with RWA can create new user experiences and business models, but true value lies in application implementation rather than concepts.
Xiang Yang analyzed RWA from a strategic perspective, emphasizing that RWA introduction is not just technological innovation but also a transformation of business models and organizational culture. Enterprises should first clarify strategic goals, then choose appropriate technical solutions, and promote digital thinking internally.
Finally, Tim Li, founder of Magic Lantern Institute, discussed RWA opportunities and challenges in cross-border business from a global perspective. He noted that AI and blockchain combined with RWA can improve international market localization and efficiency, but cross-cultural understanding and data compliance remain key factors in internationalization.
(The translation continues in the same manner for the remaining paragraphs, maintaining the specified translations for technical terms.)Kelvin Chen (EX.lO Head of Marketing) emphasized based on his personal experience that high-quality assets also need to be matched with appropriate channels and operational models, amplifying liquidity through a closed-loop matching platform and precisely connecting the needs of buyers and sellers.
The successful hosting of this "RWA Practical Implementation Seminar - Guangzhou Station" provided important intellectual collision and practical reference for exploring RWA's compliance and innovation paths in the Guangdong-Hong Kong-Macao Greater Bay Area and even nationwide. The guests in-depth discussed challenges and opportunities in key areas of RWA, including compliant issuance, technological empowerment, cross-border circulation, legal architecture, and integration with physical industries. Hong Kong's regulatory framework and geographical advantages are widely viewed as a crucial bridge connecting domestic assets with global capital. As policy environments evolve, technological solutions mature, and more benchmark cases emerge, RWA is expected to play a more far-reaching role in serving the real economy, enhancing asset liquidity, and driving financial innovation.
About RWA Research Institute
The RWA Research Institute was jointly initiated by multiple senior financial professionals, Web3 practitioners, industrial innovation experts, and technical specialists, officially launched in Hong Kong on June 25, 2024 (full name: RWA Research Institute, abbreviation: RWARI).
As one of the earliest professional RWA research institutions internationally, the RWA Research Institute focuses on the Real World Assets (RWA) domain, dedicated to promoting the integration of traditional financial assets and blockchain technology. Through in-depth research and practice, the institute provides innovative solutions for investors and enterprises, facilitating the digitization and tokenization of physical assets, and building a bridge between traditional finance and digital assets.
The core mission of the RWA Research Institute is to combine policy research, standard setting, and ecosystem co-construction, helping enterprises achieve asset digital transformation and providing technological support and strategic coordination for global compliant development. In the future, the institute will continue to deepen the integration of digital technology and the real economy, collaborate with international institutions to host global industry summits, explore multi-domain application scenarios, and inject new momentum into high-quality global development.
In May 2025, the RWA Research Institute, together with China Search, China Electronics Digital Scene Technology Research Institute, and other authoritative institutions, initiated the establishment of the "China RWA Industry Think Tank", focusing on the global compliant development of asset digitization. The think tank empowers the real economy through three core directions: first, leading the compilation of international collaborative norms such as the "RWA Project Evaluation Standards"; second, constructing a digital service chain of "asset chaining - cross-border circulation - global trading", integrating blockchain and artificial intelligence technologies; third, establishing cross-border compliant channels with Hong Kong and Shenzhen as hubs, promoting green finance and cross-border investment and financing innovation. Meanwhile, the think tank relies on the "dual-chain fusion architecture" (national-level alliance chain and cross-chain protocol collaborative mechanism) to strengthen technological autonomy and data security, deepening cross-border collaboration and compliant governance.
