RWA tokenisation converts traditional assets such as stocks, bonds, funds, and property into blockchain-based tokens. Several Chinese firms have recently launched such products in Hong Kong, including GF Securities and CMBI, while developers like Seazen Group have also entered the space.
Despite Beijing’s cautious stance—having banned crypto trading and mining in 2021—shares of Chinese firms tied to digital assets have rallied. Guotai Junan International surged over 400% after gaining approval for crypto trading in Hong Kong, while Fosun International jumped 28% on reports its chairman met officials to discuss stablecoins.
This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about china tells brokerages to pause rwa tokenisation in hong kong amid asset frenzy was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( China tells brokerages to pause RWA tokenisation in Hong Kong amid asset frenzy )
Also on site :
- Samsung Plans to Bring Google Photos to Samsung AI TV Lineup, Helping Users Relive Their Favorite Memories on the Big Screen
- Arrowhead Stadium Worker Reveals 'Beautifully Kind' Gesture From Taylor Swift During Chiefs' Christmas Day Game
- Luxury goods were once built to last. Now, some fall apart as easily as fast fashion