The Web3.0 blockchain represents the next era of the Internet, and its core feature is the value of trust, multi participation and the interconnection of everything! The essence of Web3.0 is to address the issue of trust.

RWA token is a bridge connecting traditional finance with the Web3.0 world. Using blockchain and smart contracts to convert RWA digital assets into digital tokens, reducing transaction costs, improving efficiency, and achieving low threshold, high liquidity transactions on a global scale.

The launch of central bank digital currency (CBDC) will be an important milestone in the development of RWA, which will fully activate on chain assets. The total amount of stablecoins is currently around $200 billion, while the total amount of CBDCs will be at least in the trillions, which will bring new opportunities for the development of RWAs.

The future development path of RWA starts with the landing of financial assets and then extends to real-world assets. The first to receive large-scale development and application are standard products (such as bonds, commodities, etc.), followed by non-standard products (such as real estate, data assets, etc.). Governments and regulatory agencies around the world need to continuously improve regulations for tokenized assets, especially in the field of non-standard products and regulatory innovation in the on chain process, which will be an important prerequisite for the rapid development of RWA compliance.

The Shanghai Data Exchange is the core hub of the national data factor market, committed to promoting compliant and efficient data circulation, providing compliance and security risk identification and assessment guidance for data trading entities, and walking at the forefront of data asset innovation. By building a digital commerce system, improving the regulatory framework for data trading, launching a fully digital data trading system, and implementing innovative measures, as well as launching the first RWA project in the agricultural sector, "Malu Grape RWA," a 10 million yuan equity financing has been completed. The Shanghai Stock Exchange is building a solid foundation for the combination of data assets and RWA.