The third Web3 Competition, co-organized by Wanxiang Blockchain Lab and HashKey Group, opened at the Hong Kong Conference and Exhibition Heart. As one of the most influential occasions in the Web3 area in Asia, the Web3 Competition attracted greater than 300 world specialists and greater than 50,000 contributors to debate how decentralized expertise can reshape the monetary system and asset types.
On April 6, 2025, the third Web3 Competition, co-organized by Wanxiang Blockchain Lab and HashKey Group, opened at the Hong Kong Conference and Exhibition Heart. As one of the most influential occasions in the Web3 area in Asia, the Web3 Competition attracted greater than 300 world specialists and greater than 50,000 contributors to debate how decentralized expertise can reshape the monetary system and asset types.
At the fundamental venue of this occasion, Kay, CEO of HashKey Eco Labs, gave a beautiful keynote speech entitled “HashKey Chain: Bridge Custom and Innnovation, Reshape the NEW RWA Ecosystem”. She identified that the world monetary market is at a crucial juncture of digital transformation, and the rise of RWA and Onchain Finance is turning into the core driving pressure of this transformation. Whereas revealing this historic development, Kay formally announced the brand technique upgrade of HashKey Chain, positioning it as the “preferred public chain for finance and RWA”. This worth evolution is destined to grow to be an essential coordinate in the digital transformation course of of monetary historical past.
A historic alternative beneath the wave of world monetary digitalization
Kay identified in his opening remarks that conventional finance has advanced over hundreds of years, from barter to fashionable securitization methods, and is now dealing with a price revolution led to by blockchain expertise. Kay mentioned, “The present world monetary market measurement exceeds $400 trillion, whereas the cryptocurrency market is barely about $1 trillion. The hole in between is a historic alternative for RWA asset tokenization.”
Based on Chainlink’s analysis information, the RWA tokenization market measurement is predicted to exceed US$16.1 trillion in 2030, and has achieved exponential development of over US$10 billion in 2024.
Behind this development are the effectivity bottlenecks and inclusive challenges that the conventional monetary system urgently wants to resolve. Though RWA is mostly considered the subsequent trillion-dollar monitor, the precise implementation of asset chain nonetheless faces a number of challenges. Kay used a metaphor of “the way to put an elephant in a fridge” to sharply level out the ache factors of the business: “Most present initiatives solely concentrate on how to decide on fridges of completely different manufacturers (select ecology) and design “sooner fridges” (underlying expertise), however ignore the most crucial difficulty – the way to actually put the elephant (actual belongings) on the chain in a compliant and environment friendly method.”
For monetary belongings, the chain wants to resolve technical and authorized points comparable to on-chain id authentication, compliance framework adaptation, and income rights division; non-financial belongings contain extra complicated property registration, cross-regional supervision and worth evaluation methods. Kay mentioned: “RWA is just not a easy information chain, however requires the reconstruction of a belief mechanism that’s coordinated on and off the chain.”
HashKey Chain strategic positioning: building the preferred public chain for finance and RWA
On this regard, HashKey Chain gave its personal reply – “expertise as the basis, compliance as the bridge, and ecology as the flywheel”. Kay identified: “As an Ethereum Layer 2 answer, HashKey Chain can enhance transaction effectivity by increased efficiency and tremendously scale back the working prices of issuers whereas inheriting the decentralized safety and broad world consensus of Ethereum.” At current, HashKey Chain can scale back the value of a single transaction to lower than $0.001 and the settlement time to 0.01 seconds, which is sufficient to assist the large-scale deployment of institutional-level RWA. Extra importantly, by the on-chain AML system, multi-layer safety authentication and “lifeboat” emergency mechanism, HashKey Chain supplies an underlying framework for numerous belongings that meets regional regulatory necessities.
“We have now labored intently with the Hong Kong Securities Regulatory Fee and different regulatory businesses, and spent a number of years sharpening compliance options.” Kay talked about that the US greenback cash market fund deployed by China Pacific Insurance coverage on HashKey Chain had a subscription scale of US$100 million on the first day of operation; Bosera Fund launched the world’s first tokenized Cash Market ETF and obtained the approval of the Hong Kong Securities Regulatory Fee for the issuance of it on the HashKey Chain. These collaborations not solely reveal the recognition of regulatory our bodies and establishments for HashKey Chain expertise and ecological development, but in addition present robust endorsement for the tokenization of RWA belongings.”
HashKey Chain’s brand upgrade: from “Wall Avenue on the chain” to “World Worth Community”
Whereas revealing the progress of the ecosystem, Kay additionally announced the general brand upgrade of HashKey Chain. This brand upgrade is just not solely a visible refresh, but in addition marks the deep evolution of HashKey Chain’s strategic pondering. In the previous, the narrative of public chains typically revolved round technical parameters; now, HashKey Chain is popping its focus to the essence of worth creation. “We’re not only a public chain that processes transactions, however a price community that connects two monetary worlds,” Kay defined.
Behind this upgrade is the complete empowerment of the HashKey Group ecosystem. As the solely Web3 establishment in Asia with alternate, custody, asset administration and compliance licenses, HashKey can present one-stop companies for the RWA venture from asset issuance, liquidity assist to cross-border settlement. Ranging from the all-round incentives of HashKey Chain itself, by the $50 million “Atlas Grant Ecological Incentive Program”, HashKey Chain focuses on supporting RWA, MMF, PayFi and stablecoin tracks; its on-chain ecology can superimpose conventional asset returns with on-chain liquidity incentives, considerably enhancing investor returns.
Market information confirms the effectiveness of this technique: in simply 4 months since its launch, HashKey Chain has attracted almost 1 million lively addresses, accomplished 25 million risk-free transactions, and deployed greater than 50 ecological initiatives. Cooperation with main protocols comparable to Chainlink Oracle and Orbiter Cross-Chain Bridge has additional opened up the interoperability between on-chain belongings and off-chain worth.
Future roadmap: Defining world requirements for RWA
Looking forward to 2025, Kay additionally unveiled the “2025 HashKey Chain Product Roadmap” in his speech. With OnChain Finance’s general asset structure as the core and AI MCP Framework-driven good contracts as a breakthrough, it integrates key modules comparable to RWA Bridge, MMF Stablecoin, and MMF Yield Hub to offer RWA with full-stack assist for asset mapping, worth stabilization, and administration, develop the utility eventualities of RWA on the chain, and enhance asset effectivity and liquidity.
This framework types a deep synergy with the three core plans of HashKey Chain:
- Asset underlying growth: Construct an RWA issuance platform, a stablecoin innovation middle and Bitcoin ecological purposes to launch the on-chain worth of trillion-dollar actual belongings;
- On-chain monetary productization: MMF monetary administration platform and MMF stablecoin will probably be launched in Q2; RWA Layer will probably be created in Q3 to appreciate ecological empowerment; a full-featured on-chain monetary platform will probably be launched in This autumn to appreciate the on-chain closed loop and sustainable growth of OnChain Finance;
- Co-construction of world requirements: Launch the “World RWA Observe White Paper”, work with regulators and companions to outline the path for asset on-chain and the ecological closed loop after on-chain, and present essential steerage on compliance frameworks and enterprise fashions for world RWA contributors.
“Our final objective is to grow to be the hub of conventional finance and Web3 innovation,” Kay concluded. “We can not stroll this path alone. Solely by building along with builders, establishments and customers, and discovering like-minded companions in the early phases of the business, when it’s nonetheless full of potentialities, can we attain the different facet of the trillion-dollar market.”
Conclusion: A revolution about belief and effectivity
Kay’s speech was not solely an in-depth dialogue on the synergy between RWA and public chains, but in addition a return to the essence of finance – whether or not it’s the millennium evolution of conventional finance or the ten-year innovation of Web3, the core is at all times to cut back the value of belief and enhance the effectivity of useful resource allocation. The outbreak of RWA is the key turning level of this revolution from digital to actuality.
When trillions of actual belongings circulation into the chain by the HashKey Chain “bridge”, a extra open, environment friendly and inclusive world monetary community is rising. Maybe as Kay mentioned: “We aren’t subverting custom, however writing the subsequent chapter of monetary historical past.”
The 2025 Hong Kong Web3 Competition not solely brings collectively world knowledge and innovation, but in addition presents a brand new digital monetary ecosystem to the business. From the stability of conventional finance to the disruptive innovation of blockchain expertise, HashKey Chain, with its main technological benefits, safe and compliant system assurance, full-business collaborative ecosystem development, and clear growth technique, has proven the world a sensible growth path.
About HashKey Chain
HashKey Chain is the preferred public chain for monetary establishments and RWA belongings to be placed on the chain, and is dedicated to selling the compliance and scale growth of Onchain Finance. As a compliance-friendly blockchain infrastructure, HashKey Chain supplies establishments with a safe and clear on-chain surroundings.
With a safe and dependable technical structure, HashKey Chain inherits the decentralized safety of Ethereum, and improves transaction effectivity by high-performance optimization, making certain the stability and traceability of belongings on the chain. As well as, HashKey Chain adopts a high-performance, low-cost answer, offering extraordinarily low gasoline charges and excessive throughput, enabling MMF, bonds, funds, stablecoins and different monetary belongings to flow into effectively, lowering the working prices of establishments on the blockchain.
HashKey Chain is working intently with the world’s main monetary establishments and compliant Web3 initiatives to offer optimum options for utility eventualities comparable to institutional-level DeFi, RWA tokenization, and stablecoin settlement, accelerating the digitalization and clever upgrading of the monetary system.
Writer :HashKey Chain & HSK
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