🚀 In an interview with crypto.news, Bing Wang, Chief Legal Officer of BasedVC, discussed the complexities of real-world asset (RWA) tokenization and the legal obstacles that prevent its mass adoption. The sector is expected to be worth $24 trillion by 2027, according to an IBM report. 💼

However, the path to mass adoption is fraught with obstacles, especially on the legal side. Wang believes that navigating these regulatory intricacies requires a solid strategy to ensure compliance with various international standards.

🌐 What regulatory reforms do you think are needed to support mass adoption of tokenized RWAs? Leave your thoughts in the comments!