On November 17th, the Asia Pacific RWA Tokenization Summit "TradFi and DeFi Unite: From Asia Pacific to the World" was held in Singapore, co-hosted by ChainUp, SGTOX Exchange, and Alibaba Cloud. During the summit, Sailor Zhong, CEO of ChainUp, delivered a speech titled "RWA Tokenization: Innovation and Regulation". He believes that the development of asset forms on the blockchain has diversified over time, and the future tokenization of RWAs will further enrich the blockchain ecosystem. The introduction of blockchain technology enables RWA to be tokenized, thereby improving liquidity, enabling 24/7 trading, and enhancing transparency and operational efficiency.
Currently, more than 40 traditional financial institutions, including Woori Financial Group, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Trust Bank, Deutsche Bank, and Santander Bank, have begun exploring the field of RWA. Over time, as blockchain technology becomes more widespread, the innovative technological development and regulatory frameworks for RWA will evolve and integrate more into the mainstream.
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ChainUp Sailor Zhong: Blockchain technology drives traditional financial institutions to explore RWA Tokenization
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