Yu Jianing: RWA tokenization is triggering the fourth wave of financial innovation in Hong Kong

Golden Finance Live reported that on the afternoon of June 4, at the Carbon Assets RWA Wealth Forum, Yu Jianing, co-chairperson of the Blockchain Committee of the China Communications Industry Association, said that this round of Web3 innovation came from the United States, essentially strengthening the US financial hegemony through the development of RWA tokenization. This has become a high consensus in the US political, regulatory, and Wall Street circles. Consensus is an important cornerstone of value, and it is not easy to form consensus, but once consensus is formed, it is not easy to reverse, and the diffusion period of consensus is the best window of wealth. The growth of the market value of native digital assets is mainly driven by external investment cash flow; the income of RWA tokens mainly comes from real-world operating cash flow. The three jumps in the bull market are: retail speculative bull market, institutional preparation bull market, and national reserve bull market. The underlying logic of the new Web 3.0 narrative is the securitization of ETFs - tokens - and the tokenization of RWA - securities, achieving the integration of the real world (mainstream finance) and the digital world (digital finance).
The four levels of RWA tokenization include: RWAFi, asset tokenization, asset standardization, and RWA underlying assets. The advantages of RWA include: low-cost access to high liquidity; helping RWA become a global asset, asset globalization is driving business globalization; smart assets drive business intelligence; consumer-investment integration, making finance younger. RWA tokenization is triggering the fourth wave of financial innovation in Hong Kong. In the era of anti-financial globalization, Hong Kong is becoming a new role in global capital connectivity.