The possibility of domestic opening up can be seen from the RWA charging pile project of Langxin Group.

Recently, the first domestic corporate new energy cross-border physical asset RWA (Real World Assets-tokenization) completed by Ant Digits and Longsin Technology in Hong Kong was officially announced.

It is rumored in the market that the cooperation was jointly completed with the support of UBS Hong Kong. Ant Digits provided artificial intelligence, blockchain and IoT integration technology, and Longxin Group was the new energy asset party.

The project uses blockchain technology to improve asset liquidity and reduce transaction and financing costs. The first round of financing is approximately RMB 100 million, which will be used in the energy storage and charging pile industries in the new energy field.

After checking the relevant news, the time points are basically as follows:

⌛️On August 23, 2024, CCTV.com released relevant news to the outside world in China.

⌛️On August 28, 2024, the Hong Kong Monetary Authority released a relevant announcement.

There is a lot of content behind this matter, let's briefly sort out the key points:

1. The news will be released in China first and then in Hong Kong, and it will be officially announced by CCTV.com.

2. The locations mentioned are China and Hong Kong. It should be noted that Hong Kong is the Monetary Authority, which is at the government level, and there are reports that it was jointly completed with the support of UBS.

3. The financing amount is RMB 100 million, which is not a large amount, but the financing method is to put the real assets on the chain and then assetize the income rights for financing. This method does not exist in the current environment in China, and it can achieve a more efficient matching of assets and funds. Simply put, the charging pile assets under the Longxin Group are packaged and chained based on Ant Digital's "Ant Chain" technology, and digital assets are issued. Each digital asset represents part of the income rights of the corresponding charging pile, and then financing is carried out in Hong Kong to the global market. The financing funds will be used for the development of Longxin Group's new energy industry.

4. Ant Financial stated that it will launch diversified RWA projects in the future and provide technical support for high-quality projects in China and around the world. It also hopes to build a new RWA hub in Hong Kong to provide practical financing solutions for projects in mainland China and around the world.

So, we see the general impact of this:

1. The announcement of this incident was very official, so it must be true.

2. The mainland and related industries are trying to use blockchain technology to open up new methods other than traditional mainstream financing methods for enterprises

3. Hong Kong has taken the lead in opening up financing channels for mainland enterprises to go global and diversify

4. High-quality, trend-setting new energy projects will be the direction for the next step of key asset chain expansion

5. Langxin Group is not the first one to do this. It will certainly provide new examples for more high-quality companies.

6. This financing method provides an innovative financing channel and offers global investors a new channel to invest in China's new energy assets.

So, does this event indicate that domestic opening is imminent? ! What do you think?

#RWA #香港加密货币ETF #新能源