China is developing a new asset class called Real Data Assets (RDA), which could represent the next evolution in the concept of tokenized real assets.
What are Real Data Assets?
Real Data Assets (RDA) is a concept introduced by the Shanghai Data Exchange in 2025. This model goes beyond simple tokenization of physical assets and uses real, verifiable operational data to back stablecoins. The key idea here is 'real data fusion.'
What is China Working On?
The development of RDA involves multiple serious players including the Shanghai Data Exchange and state-owned banks like SPD Bank. Industrial giants such as COSCO Shipping also contribute by providing their data for the issuance of stablecoins backed by real data.
How do RDA-Backed Stablecoins Work?
Each RDA token is tied to a data source and used in business processes. An example of usage: a buyer pays for goods using a stablecoin backed by verified trading data. This reduces transaction costs and creates a new type of collateral based on data.
RDA represents a new interpretation of tokenized assets, where real operational activity becomes the basis for stable currency. This opens new horizons for the industry and opportunities to use data as collateral.