The first RWA industry White Paper in Hong Kong is released: Everything can be RWA is a false proposition.

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[The first RWA industry White Paper in Hong Kong is released: the idea that everything can be RWA is a fallacy] "RWA Industry Development Research Report · Industry Chapter 2025" was released today in Hong Kong, systematically proposing the standards and framework for RWA asset screening. Previously, with the rapid development of the tokenization trend of real-world assets (RWA), the market has been rife with the rhetoric that "everything can be RWA." The report points out that not all assets are suitable for RWA tokenization, and the idea that "everything can be RWA" is a fallacy. Assets that successfully achieve large-scale implementation need to meet three major thresholds: value stability, legal equity confirmation clarity, and off-chain data verifiability. (36Kr)

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