Chinese Financial Giants Dive Into $30 Trillion Real World Asset Tokenization

Two major Mainland Chinese financial groups are rushing into blockchain-based finance as the market heads toward explosive growth. Their moves signal that institutional adoption of real-world asset tokenization is accelerating faster than expected. Fosun Confirms Stablecoin License Push Fosun International has confirmed its application for a stablecoin license in Hong Kong. On August 6, founder and chairman Guo Guangchang personally led a senior team to meet Hong Kong’s Chief Executive John Lee and Financial Secretary Paul Chan source: https://beincrypto.com/chinese-financial-giants-dive-into-30-trillion-real-world-asset-tokenization/