In an interview with crypto.news, Bing Wang, Chief Legal Officer of BasedVC, discussed the complexities of real-world asset (RWA) tokenization and the regulatory challenges preventing its mass adoption. The total value of assets in the RWA market is close to $8 billion and is expected to reach $24 trillion by 2027. However, the path to mass adoption is fraught with obstacles, especially on the legal side. Wang believes that a clear strategy is needed to meet various international standards. 😕