New Town Development will establish a Digital Asset Research Institute to promote the strategic layout of related RWA applications

ChainCatcher news, Hong Kong-listed company New Town Development (stock code 1030) announced that it will establish a digital asset research institute today, combining its existing business accumulation with RWA tokenization technology to promote the strategic layout of related RWA applications. In addition, the company will introduce external experts in blockchain, digital finance, and compliance to fill specific experience gaps, including legal advisors to comprehensively assess domestic and international legal issues related to RWA, professional consultants to evaluate financial and tax issues, and technical suppliers to optimize technical solutions, while maintaining communication with regulatory authorities.