The Cobo-JD Technology RWA project was approved for the Hong Kong Cyberport Blockchain and Digital Asset Pilot Funding Scheme

Odaily Planet Daily News: Cobo, a digital asset custody and wallet infrastructure provider, announced that its next-generation RWA tokenization, custody and settlement infrastructure project, supported by JD Technology, was successfully selected for the Hong Kong Cyberport "Blockchain and Digital Asset Pilot Funding Program."

The project focuses on income-generating assets and aims to build an integrated infrastructure covering token issuance, compliant custody and fund settlement, serving institutional scenarios with actual business needs to improve asset liquidity, transparency and operational efficiency, and assist Hong Kong institutions in carrying out RWA pilots and commercialization.

The Blockchain and Digital Asset Pilot Funding Program aims to promote the development and testing of high-impact blockchain and Web 3 applications, encouraging companies to explore innovative commercialization paths through pilot projects. Approved projects will receive two phases of funding, one to initiate and one to complete pilot testing.