Hong Kong's new policies focus on the digitalization of RWAs and accelerate Web3 development

On July 3, 2025, an important forum focusing on Hong Kong's new policies was held in Causeway Bay. The event attracted numerous participants from the political, financial, and technology sectors to discuss the potential opportunities for the integration of TradFi and Decentralized Finance, with a focus on the digital development of Real World Assets (RWA).

The event focuses on Hong Kong's latest digital asset policy framework, discussing how it paves the way for financial innovation while balancing compliance and technological development, enhancing Hong Kong's status as a global asset tokenization center. National Committee member and Chairman of the Hong Kong Legislative Council's Web3 and Virtual Assets Development Affairs Group, Wu Jiezhuang, stated in his speech that the SAR government is accelerating the promotion of a new digital asset policy declaration, actively attracting international funds and innovative platforms through improved regulations and fintech infrastructure. He emphasized that "compliance as the foundation and innovation as the driving force" will be the core policy for Hong Kong's future development in Web3.

During the roundtable forum, participants discussed the role and limitations of stablecoins in promoting RWA liquidity, pointing out that the technological integration and regulatory uncertainty faced by traditional institutions remain major challenges. The attendees unanimously agreed that the price stability of stablecoins could serve as the foundation for cross-market trading of RWA, but to attract more participation from TradFi, it is necessary to unify technical standards and clarify regulatory pathways.

During the forum, a program called "RWA Bridge Program" was officially launched. This program focuses on building a bridge between TradFi and Web3, assisting financial institutions in entering the world of on-chain assets. The program will provide funding, technical tools, and compliance guidance to startups, promote asset tokenization, and facilitate the practical application of RWA categories such as private credit, U.S. Treasury bonds, and alternative assets.

The co-founder and Chief Business Officer of a blockchain infrastructure company stated that the company will continue to invest in building the foundation for connecting traditional assets with blockchain networks. The RWA asset management system developed by them has already served multiple international institutions and has engaged in discussions with the U.S. SEC's Crypto Task Force to promote the compliant development of digital assets and RWA.

The company also plans to launch an institutional-level RWA trading platform in Hong Kong, with infrastructure already in collaboration with several well-known financial institutions. The company will participate in the upcoming "Digital Asset Regulatory Sandbox" pilot program to assist the local ecosystem in aligning with international standards and further consolidate Hong Kong's pioneering position in the RWA field.

The Hong Kong event attracted over 300 industry representatives, facilitating multiple potential cooperation intentions on-site. With the comprehensive promotion of Hong Kong's new digital asset policies, industry insiders expressed their intention to collaborate with more industry partners to accelerate the integration of TradFi and the blockchain ecosystem, helping Hong Kong seize a leading position in the global Web3 competition.