Odaily Planet Daily News On January 13, Matrixport COO Cynthia Wu attributed the resurgence of RWA popularity since last year at the "2024 Family Office Matrixport Hong Kong Summit" to two points: First, it is still in a bear market in 2023, and the excess returns on the chain have changed. Low, while traditional financial products perform better during the U.S. interest rate hike cycle. RWA products such as Matrixport's STBT provide professional investors with on-chain risk-free interest rate options; second, traditional securities firms are actively deploying to reduce costs, increase efficiency, and expand customer base. Asset tokenization.
Cynthia further looked forward, "Our expectations for Hong Kong Web3 this year include: BTC and ETH spot ETFs, a number of stable currency projects have the opportunity to enter the sandbox or land before the United States, traditional asset management and investment banks test RWA in Hong Kong, and RWA's The use cases are further expanded. I predict that RWA will usher in a large-scale explosion in 2024 and 2025."
Talking about the current stuck point of RWA, Cynthia believes that whether its underlying layer is securities will determine how the product is subject to supervision. If you want to build a global liquidity pool, the issuer needs to strengthen communication with regulators in different regions; in addition, how many people will buy it? These assets are also key.