Recently, at a crypto finance forum in Hong Kong, Shen Haojie shared a very interesting perspective. When discussing the development of RWA (Asset Tokenization), he emphasized a problem that many people overlook: the legal framework is actually the key to truly propelling this track forward.

Usually, when we talk about innovation, we focus on the technology itself, but Shen pointed out that the core of Web4.0 is not just technological progress, but more importantly, rebuilding the institutional and regulatory framework. This view is quite eye-opening because many project teams indeed see compliance as an obstacle rather than a prerequisite for innovation.

He mentioned that Hong Kong’s common law system provides a unique "certainty" for the development of digital assets, and this certainty is crucial for attracting global capital and top-tier institutions. In other words, a stable legal environment is actually the greatest competitive advantage. Shen also emphasized that from the early stages of a project, legal frameworks should be integrated with technical design to achieve sustainable innovation.

It sounds like Hong Kong is indeed playing a big game. If RWA is really going to become the next hot trend, voices like Shen’s remind us that balancing regulation and innovation might be more decisive than mere technological breakthroughs. His confidence in Hong Kong becoming a global RWA hub is also quite noteworthy.