《Finance》 Magazine: Cross-border RWA Business Feasible for Three Categories Including Bond, Stock, and Gold, Licensed Securities Intermediaries in Mainland China and Hong Kong Expected to Benefit

BlockBeats News, February 13th, an article in Finance magazine pointed out that the recent "Notice on Further Preventing and Dealing with Risks Related to Virtual Currency and Others" issued by the People's Bank of China and eight other departments defined RWA tokenization as a new type of securities activity. This means that securities intermediaries licensed in both mainland China and Hong Kong are expected to benefit. Analysis believes that three types of cross-border RWA business are feasible:

· Bond-based RWA tokenization, characterized by a clear term and repayment of principal and interest at maturity.

· Stock-based RWA tokenization, usually involving dividends with no clear maturity date.

· Other types of RWA tokenization, such as gold-based RWA tokenization business.