[The RWA process is accelerating, and it is expected to broaden the cross-border financing channels for mainland enterprises] Golden Finance reported that RWA (Real World Assets—tokenization) is becoming a new trend in cross-border financing for enterprises. Recently, A-share listed company Langxin Group cooperated with Ant Digital Technology to complete the first domestic RWA based on new energy physical assets in Hong Kong, with an amount of approximately 100 million yuan. This is also one of the four tokenization theme cases in the progress of the Hong Kong Monetary Authority's sandbox project. Globally, many international financial institutions such as BlackRock, JPMorgan Chase, and Citibank have made their first layout in the RWA field, and the entry of giant companies has also opened up more imagination space for RWA. Yu Jianing, co-chairman of the Blockchain Committee of the China Communications Industry Association, told reporters that this successful case of Langxin Group demonstrated the huge potential of RWA tokenization in practical applications, and also provided a demonstration effect for other mainland companies to explore similar paths. (Securities Daily)