ChainCatcher reside report, HashKey RWA CEO Anna Liu delivered a keynote speech on the 2026 Hong Kong Web3 Carnival. She launched that Hashkey Chain has deployed 11 tokenized merchandise, with the overall worth of on-chain RWA belongings reaching 2 billion Hong Kong dollars. The trade has launched seven tokenized merchandise, together with Hong Kong’s first tokenized gold ETF.
She addressed the 4 main challenges of RWA: first, the authenticity of underlying belongings; blockchain can not assure the authenticity of information earlier than it is on-chain, and the oracle drawback is a core problem; second, the dearth of a industrial closed loop; many tasks go on-chain only for the sake of going on-chain, and new worth should be created that conventional strategies can not obtain; third, the liquidity dilemma; even compliant STO exchanges within the U.S. typically have every day buying and selling volumes of solely a few tens of hundreds of dollars, requiring high-quality belongings, licensed distribution channels, and secondary market infrastructure to be in place concurrently; fourth, the complexity of cross-border compliance, suggesting that useful resource planning needs to be included from day one.
She proposed that asset tokenization ought to first ask three questions: Can it’s completed? Is it appropriate? Why tokenize? She cited information indicating that within the first quarter of this 12 months, the global tokenized RWA market size has approached 30 billion dollars, rising over 260% prior to now 12 months, with the IMF characterizing it this month as “a basic restructuring of the monetary structure.”
