
Episode #31
Inside Asia's RWA Boom: Tokenization, Stablecoins and Regulations with Andy Lee
Andy Lee, Partner at HashKey RWA of HashKey Group, shares his insights on the rapid growth of #tokenizedassets ( real-world assets) #rwa and #assettokenization in Asia, and explains why the region is well-positioned for this emerging asset class. In this episode, we also discuss #ondofinance , #spacexstock tokenization, tokenized securities, and practical market entry strategies for U.S. companies looking to expand into Asia's evolving RWA markets. Andy lays out HashKey Group’s roadmap for RWA initiative. Andy brings a uniquely diverse perspective, with experience spanning banking, gaming at Tencent, fintech and digital banking, and entrepreneurship as the founder of a crypto project with a token listed on Base. At HashKey RWA, he is helping shape the next phase of asset tokenization in Asia. Follow the host Coco Kee: https://www.linkedin.com/in/cocokee/ |X:@cocokee | worldledger.substack.comFollowing Andy Lee: https://www.linkedin.com/in/andypwlee/ ( 00:20 ) What is the tokenization of RWA? ( 01:18 ) About HashKey Group and Andy Lee ( 03:15 ) How is Asia, e.g. Hong Kong, well-positioned for tokenized securities? ( 05:44 ) Developments in Asia outside Hong Kong and Singapore ( 06:12 ) Why do U.S. companies create RWAs outside the U.S.? Reasons behind Ondo's success. ( 08:28 ) How to sell RWAs in a compliant way to Asia, using Ondo as an example? ( 10:08 ) What are the most common RWA products in Asia and noticeable trends? ( 12:59 ) What are the three soul-searching questions each RWA issuer should ask? ( 15:59 ) Wrapper model vs. fully on-chain model of RWAs ( 19:12 ) What to prepare if considering issuing RWA products in Asia?( 21:28 ) Can SpaceX be tokenized and sold in Hong Kong? ( 22:11 ) Why are RWAs not what most people think? ( 22:58 ) Is RWA a big player's game? ( 25:28 ) What is the major distribution channel for RWAs in Asia? ( 27:19 ) For American companies, how to design RWA products for Asia?( 29:21 ) What is more critical for RWAs, technology or compliance? ( 29:48 ) Which stablecoins are most used for RWAs in Asia? ( 30:54 ) How will Asia's local regulated stablecoins accelerate RWA's growth? When will Hong Kong expect to have its own regulated stablecoins? ( 31:26 ) HashKey Group's plan for next 6-12 months



