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Xincheng Development to Establish Digital Asset Research Institute, Promote RWA Application Strategic Layout

Summary: Xincheng Development, a Hong Kong-listed company (stock code 1030), announced today that it will establish a Digital Asset Research Institute to leverage existing business expertise and RWA tokenization technology to promote related RWA application strategic layout. Additionally, the company will bring in external experts in blockchain, digital finance, and compliance fields to enhance specific domain ...

Xincheng Development, a Hong Kong-listed company (stock code 1030), announced today that it will establish a Digital Asset Research Institute to leverage existing business expertise and RWA tokenization technology to promote related RWA application strategic layout. Additionally, the company will bring in external experts in blockchain, digital finance, and compliance fields to enhance specific domain knowledge, including legal advisors to assess domestic and foreign legal issues related to RWA, professional consultants to evaluate financial and tax matters, technology vendors to optimize technical solutions, and maintain communication with regulatory agencies.

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