RWA Group, formerly known as NFT China, a subsidiary of Digital Collection China, has announced the launch of the world’s first trading platform dedicated to non-financial real-world assets (RWAs).
Launch of RWA Platform
The RWA platform is scheduled to launch in early August and is intended for digitizing and enabling global trading of physical assets such as collectibles and industrial goods through blockchain technology.
Technology and Functionality
Unlike existing RWA platforms that primarily focus on financial instruments, this initiative targets the tokenization of non-financial assets. It will be built on the ERC-3643 protocol, which supports secure, compliant, and identity-verified asset trading. The platform will support both compliant USD stablecoins and licensed offshore RMB and HKD stablecoins, creating new opportunities for cross-border investments.
Regulatory Support and Prospects
Supported by regulators in both the United States and China, RWA Group also plans to pursue licenses in Hong Kong, Dubai, and Kazakhstan to ensure fully compliant operations. Additionally, Chinese authorities have begun directing state-owned digital service providers and financial institutions to explore the issuance of yuan-backed stablecoins, which may signal a shift in the country's stance on cryptocurrencies.
The launch of the RWA Group platform could mark a significant step in the development of the non-financial asset market and the use of blockchain technology in traditional commerce.
