Article Author: HKDAIA RWA Council

Source: ME

The Hong Kong Digital Asset Industry Association RWA Professional Committee (HKDAIA RWA Council) is a non-profit industry-leading professional organization established with the support of the Hong Kong Digital Asset Industry Association (HKDAIA). It officially announces its establishment and is committed to promoting collaboration among relevant regulatory bodies, formulating and promoting top-tier standards and practices for the tokenization of real-world assets (RWA), facilitating the compliant issuance of RWA in Hong Kong, and enhancing the transparency and liquidity of the digital asset ecosystem.

With the vigorous development of the digital asset industry in Hong Kong and the release of the "Hong Kong Digital Asset Development Policy Declaration 2.0," the Hong Kong Virtual Asset Industry Association (HKVAIA) has undergone a comprehensive upgrade to become the Hong Kong Digital Asset Industry Association (HKDAIA). It is dedicated to effectively uniting industry forces, promoting self-regulation, and providing professional advice to the government for formulating relevant policies, thereby driving the continuous development of Hong Kong's digital asset ecosystem and enhancing its international competitiveness in this emerging field.

The RWA Professional Committee will respond to the Hong Kong "Digital Asset Development Policy Declaration 2.0" and the relevant regulatory framework for tokenized assets, and will explore and study the industry compliance standards related to on-chain asset verification, proof of ownership, and other aspects that are forming globally, promoting the mainstream application of regulated RWA issued in Hong Kong based on balancing risk control and sustainable business development.

The committee is jointly initiated by three leading institutions with diverse backgrounds and is strategically supported by ME, dedicated to shaping the future of digital finance in Hong Kong, focusing on RWA innovation and compliance:

・ HashKey Group: HashKey Group is a leading digital asset financial services group in Asia with a global presence. Since 2018, HashKey Group has built a global Web3 ecosystem covering Hong Kong, Singapore, Japan, Bermuda, and other regions within a high-compliance regulatory framework, including: Hong Kong's leading licensed virtual asset exchange HashKey Exchange, virtual asset exchange HashKey Global, virtual asset exchange HashKey MENA licensed by the Dubai Virtual Assets Regulatory Authority (VARA), global asset management institution HashKey Capital focusing on blockchain technology and digital assets, HashKey OTC providing compliant digital asset over-the-counter trading services, global leading Web3 infrastructure provider HashKey Cloud, and tokenization service provider HashKey Tokenisation. HashKey Group also has a rich on-chain ecosystem, having developed the Ethereum L2 HashKey Chain and launched the HashKey ecosystem token HSK. HashKey Group will continue to promote the feasibility of large-scale applications of blockchain technology across multiple fields, providing trustworthy and accessible digital asset services to a billion users worldwide.

・ CPIC Investment Management (HK): China Pacific Insurance (Group) Co., Ltd. Investment Management (Hong Kong) holds the Hong Kong Securities and Futures Commission's Type 1 (Securities Trading), Type 4 (Advising on Securities), and Type 9 (Asset Management) licenses, as well as the Qualified Foreign Institutional Investor (QFI) license from the China Securities Regulatory Commission and the Hong Kong Stock Connect investment advisory qualification registered with the Asset Management Association of China. CPIC Investment Management (HK) is committed to working alongside clients seeking optimal investment solutions, leveraging its five core competencies: shareholders, technology, culture, talent, and processes, to build a professional financial investment management platform. CPIC Investment Management has been deeply engaged in the virtual asset ecosystem and has begun developing services related to virtual digital investment assets since 2023, actively exploring the RWA field by addressing pain points related to asset quality and security, on-chain liquidity, and end-user needs, including the successful issuance of a tokenized US dollar money market fund in Q1 2025. CPIC Investment Management (HK) continues to promote communication and cooperation in RWA business with major ecosystems, exchanges, wallet providers, and others, facilitating the on-chain implementation of real-world assets.

・ Coinfound: A data technology company providing one-stop TradFi x Crypto data and information services. Its business covers RWA asset data terminals, Web3 risk relationship penetration maps, RWA rating products, AI analysis tools, industry research reports, and customized data services, providing full-link support from data integration, risk information, risk assessment, to decision-making assistance. It helps professional investors and institutions obtain key intelligence on TradFi x Crypto at lower costs and higher efficiency, transforming it into actionable insights and building the RWA information infrastructure base.

Strategic Initiatives Responding to Hong Kong's RWA Ambitions

Hong Kong is consolidating its position as a global leader in digital finance through the "Hong Kong Digital Asset Development Policy Declaration 2.0" released in June 2025 and the recently implemented expanded framework of the "Stablecoin Ordinance." The establishment of the RWA Professional Committee echoes this vision, directly supporting the Hong Kong Monetary Authority's green finance and sustainable banking guidelines, ensuring that regulated RWA meets global asset standards while promoting innovation. The RWA Professional Committee actively responds to discussions on regulatory strictness in the industry, committed to researching and exploring how to balance regulatory requirements with business development, promoting the widespread adoption of compliant RWA issued in Hong Kong by regulated entities and traditional enterprises based on compliance with traditional financial and authoritative asset management standards.

Initiated by founding members HashKey Group, CPIC Investment Management (HK), and Coinfound, and supported by ME's strategic media, the RWA Professional Committee is dedicated to promoting the development and collaboration of digital assets, attracting relevant industry participants to jointly explore innovative solutions for compliant RWA through offline seminars and other activities.

Mission and Impact of the RWA Professional Committee

As a core collaboration platform for regulated financial institutions (including banks, licensed virtual asset service providers (VASP), and future licensed RWA issuers), the RWA Professional Committee, under the leadership of its founding members, will focus on the following areas:

・Formulating industry best practices: Developing practical guidelines for on-chain asset certification, ownership transfer rules implementation, risk-based RWA management methods, and decentralized finance (DeFi) asset frameworks to ensure compliance with traditional financial standards.

・Facilitating regulatory dialogue: Establishing credible two-way communication channels with regulatory bodies and law enforcement agencies to jointly formulate effective policies that support the mainstreaming of RWA.

・Promoting professional education: Collaborating with academic institutions to enhance professional capabilities in RWA issuance and digital asset compliance.

・Advocating responsible innovation: Balancing risk control with sustainable business development to ensure that regulated RWA in Hong Kong thrives within a compliant ecosystem.

The RWA Professional Committee welcomes broad stakeholder participation, including institutional members (banks, VASP, RWA issuers), associate members (audit firms, law firms, professional bodies such as ACAMS and the Hong Kong Institute of Bankers), and educational partners. Organizations joining the RWA Professional Committee will promote policy formulation, manage risks, and demonstrate a commitment to asset integrity while facilitating the mainstream application of regulated RWA.

Call to Action

As Hong Kong implements the "Stablecoin Ordinance" in August 2025 and expands to the RWA framework, the launch of the RWA Professional Committee highlights its commitment to leading the compliance and integrity of the digital asset industry through collaboration. The RWA Professional Committee sincerely invites leading industry enterprises, compliance institutions, and innovative companies to join this transformative initiative.

The Hong Kong Digital Asset Industry Association (HKDAIA) and the RWA Professional Committee plan to hold the "Establishment Ceremony of the Hong Kong Digital Asset Industry Association RWA Professional Committee" in December 2025.