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Coolpad Group established RWA division to explore property asset tokenization
Odaily News Coolpad Group (02369.HK) issued an announcement, officially establishing the Real World Asset Tokenization Division (RWA Division), which will coordinate the tokenization of real-world assets such as properties.
Coolpad said that the company had started exploring Web3.0 as early as 2023. The establishment of the RWA division is aimed at more systematically adapting to the development trend of Web3.0 technology and actively responding to the innovation direction advocated by the Hong Kong Special Administrative Region Governments Digital Asset Development Policy Declaration 2.0. The department is led by the companys chairman and CEO, Chen Jiajun. (Zhitong Finance)
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