Deep Tide TechFlow News: On March 6, according to Caixin, Li Xiaojia, former CEO of the Hong Kong Stock Exchange and one of the founders and chairmen of Digan Tong, responded to the initiation of private fund procedures by stating that it may follow the new regulatory rules issued by the China Securities Regulatory Commission in February this year to first "test" the tokenization of real-world assets (RWA) in the market. He clearly pointed out that Digan Tong currently has no demand for RWA tokenization and there is no need to issue RWA tokens. Tokenization cannot reduce the risks of underlying real-world assets, and the on-chain capital scale is extremely limited. In the short term, there is no need to pursue RWA tokenization just to attract on-chain funds.

Li Xiaojia also categorized virtual asset investors into five types: the first are early entrants, the second are mid-term entrants, the third are traditional financial institutions, the fourth are traditional finance professionals with decentralized principles, and the fifth are what people commonly call "retail investors" or "chives."