CZ: Support for Hong Kong to become a growth center for RWA and DEX
2026-08-27 17:19:40
According to CoinMeta, Zhao Changpeng (CZ), the founder of Binance, stated at a book launch event in Hong Kong on August 27 that Hong Kong has the potential to become a center for Web3 and real-world assets (RWA). The discussion covered the development of Hong Kong's financial sector, tokenized securities, and decentralized exchanges. He pointed out that Hong Kong's status as a financial center, its connection with professionals from mainland China, and the established institutional relationships are advantages for it. He also mentioned that the combination of Hong Kong with Web3 is a "powerful combination." CZ predicts that real-world assets will become a major area of development for Web3, and emphasized that tokenized securities can provide broader access beyond traditional market time and national account systems. Hong Kong has already introduced a broader regulatory framework that covers exchanges, stablecoins, and tokenized products, attracting financial institutions and asset managers.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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