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UWEB Yu Jianing: RWA Pass-Through Triggers Investment, Financing and Change in the Web 3.0 Era

UWEB Yu Jianing: RWA Pass-Through Triggers Investment, Financing and Change in the Web 3.0 Era

CointimeCointime2023/11/17 12:33
By:Cointime

On November 17th, the Asia Pacific RWA Tokenization Summit "TradFi and DeFi Unite: From Asia Pacific to the World" was held in Singapore, co-hosted by ChainUp, SGTOX Exchange, and Alibaba Cloud. During the summit, Dr. Yu Jianing, Founder and President of UWEB, shared insights on RWA Tokenization during his speech, emphasizing the significant opportunities it brings for investors as financial giants rapidly drive the tokenization of real-world assets. There are three main aspects of this transformation:
RWA Tokenization utilizes blockchain and smart contract technology to make real-time assets divisible and tradable. This has the potential to change the game rules of the DeFi system, injecting high-quality assets into the DeFi ecosystem and promoting its mainstream adoption.
RWA Tokenization will bring positive changes to the financial system. It lowers the barriers to entry, enabling more people to participate in the financial market. It enhances the liquidity of traditional assets and strengthens the connection between the real and digital worlds, facilitating global issuance and circulation of assets.
Singapore and Hong Kong SAR in China support asset tokenization and security tokens, providing a solid foundation for RWA Tokenization. This opportunity will lead the financial industry into a new stage, unlocking emerging markets worth over $10 trillion.
Prominent enterprises and experts from Singapore and surrounding areas participated in the summit, which aimed to explore the integration of traditional finance (TradFi) and decentralized finance (DeFi), as well as the latest developments in the tokenization of real-world assets.

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