Zhou Chenggang: RWA is an on-chain certificate for off-chain assets, and it still relies on the traditional financial and legal systems.
2026-08-29 16:59:49
According to CoinMeta, Zhou Chenggang stated that RWA (on-chain certificates of real assets) are fundamentally different from on-chain native assets such as Bitcoin. The token of RWA is merely an on-chain certificate for real assets off-chain; the establishment of asset rights, the execution of those rights, the assumption of losses, and information disclosure still rely on traditional financial and legal systems. He believes that Web3 is more likely to transform certain aspects of finance rather than completely overthrow traditional finance.
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Source:Internet
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