PANews reported on October 27 that the book "RWA and Tokenization - Investment and Financing Transformation under Web3.0 Technology" co-authored by three experts of the Asian RWA Working Group, Wang Yang, Vice President of the Hong Kong University of Science and Technology, Bai Haifeng, Managing Director of CMB International Asset Management, and Zhu Haokang, Head of Digital Asset Management of China Asset Management Hong Kong, was officially released. The book was published by China Finance and Economics Publishing House directly under the Ministry of Finance of China, and planned and produced by Zhanlu. It is the world's first Chinese monograph on RWA tokenization. Professor Ba Shusong, Executive Dean of the Peking University HSBC Finance Research Institute, Vice President of the China Macroeconomics Society, Chief Economist of the China Banking Association, and Expert of the Policy Unit of the Chief Executive of the Hong Kong Special Administrative Region Government, wrote a preface for the book.
It is reported that "RWA and Tokenization - Investment and Financing Transformation under Web3.0 Technology" explains the core value of Web 3.0 and RWA tokenization and the risks and regulatory challenges of tokenization. It not only provides detailed analysis at the theoretical level, but also demonstrates the practical application of tokenization through a large number of practical cases. It deeply interprets the blockchain technology, smart contract principles and token economics theory behind tokenization, and analyzes the tokenization models in the two core areas of RWA and stablecoins. It helps readers fully grasp the basic theories of Web 3.0 and RWA tokenization, and clearly understand how to digitize and tokenize real-world assets through blockchain technology, providing innovators in the field of financial technology with profound insights and practical references.