Xincheng Development will establish a Digital Asset Research Institute to promote the strategic layout of relevant RWA applications

According to Foresight News, Hong Kong-listed company Xincheng Development (stock code 1030), issued an announcement stating that it will establish a Digital Asset Research Institute today, combining existing business accumulation and RWA tokenization technology to promote the strategic layout of related RWA applications. In addition, the company will introduce external experts in the fields of blockchain, digital finance and compliance to make up for experience in specific fields, including relevant legal advisers who comprehensively evaluate RWA's domestic and foreign legal issues, relevant professional consultants evaluate financial and tax issues, relevant technical suppliers optimize technical solutions, and maintain communication with regulatory agencies.
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