The 2024 semi-annual meeting of the "Asia-Pacific RWA Tokenization Alliance" was held in Xin: The real application moment of RWA is coming

Odaily News On June 26, the Asia-Pacific RWA Tokenization Alliance (APRTP) held its 2024 semi-annual meeting at the Sands Convention Center in Singapore. Executives and representatives from many world-class banks and core companies in the crypto industry, including QNB, CMB International, Amber Group, Bybit, Ceffu, LTP, Fireblocks, BTSE, Bouncebit, etc., attended the meeting and held two group summits. Nathan Ma, founding member of APRTP and chairman of DMZ Finance, delivered an opening speech, pointing out that 2024 is the first year of the integration of RWA and DeFi, and the real application of RWA is coming. He mentioned the outstanding performance of Tokenized Fund-BUIDL established by Blackrock and the cooperation between ONDO and DEX, indicating this trend. As a Web3 technology partner of two world-class banks (QNB and CMB International), DMZ Finance provides a solid technical infrastructure for the application of RWA in the Asia-Pacific region. Silas Lee, President of Qatar National Bank (QNB) Singapore Branch, delivered a keynote speech. He stressed that QNB sees blockchain and tokenization as key initiatives in Qatar's Fintech Strategy 2023, and mentioned that the QNB-DMZ Fund is an important step towards fund tokenization. He hopes that the QNB-DMZ Fund will be successfully launched when he speaks next time. In the summit group forum, executives from DMZ, QNB, Bybit, Amber Group and DC Capital discussed the prospects and challenges of RWA assets entering the CEX trading scenario. The second group forum was discussed by executives from LTP, Fireblocks, Ceffu, BTSE and Bouncebit on infrastructure issues in the crypto ecosystem. The delegates agreed that RWA Token has great prospects in various DeFi scenarios such as DEX, CEX, lending and stablecoins, and the real application of RWA is coming. The climax of the meeting included two important ceremonies: the ribbon-cutting ceremony of the "Theme DMZ Access Money Plus Fund" with CMB International (Singapore) as asset management and DBS as custodian, which is the first Tokenized Fund managed by CMBI (SG); and the signing of a strategic cooperation memorandum between Fireblocks and DMZ. With the deep involvement of two Asia-Pacific banks, the Asia-Pacific region is playing an increasingly important role in the crypto ecosystem.