Chinese financial giants jump into real-world asset tokenization of $30 trillion

As the market is heading for explosive growth, two major Chinese financial groups are rushing to blockchain-based finance. Their movement shows that institutional adoption of actual asset tokenization is accelerating faster than expected.

Fosun checks pushing Stablecoin license

Fosun International has confirmed its application for a Stablecoin license in Hong Kong. On August 6th, founder and chairman, Guo Gran Chan, personally led the senior team to meet Hong Kong CEO John Lee and Treasury Secretary Paul Chan. The direct involvement of top leadership shows that RWA is central to Fosun’s strategy.

The Hong Kong-registered conglomerate controls assets of RMB 796.5 billion. It operates across healthcare, consumer goods and wealth management. Fosun Wealth launched the RWA platform and issued tokenized money market fund products.

Hong Kong’s Stablecoin licensing structure was released on August 1, 2025. Companies must submit applications by September 30th to be considered early. Hong Kong’s Monetary Bureau issues only limited licenses in the first phase.

CMBI launches top-performing multi-chain funds

The investment division of China Merchant Bank has made history with tokenized funds. CMBI partnered with Digift in Singapore to launch the first public money market fund on the Solana blockchain. The fund works across four networks: Solana, Ethereum, Arbitrum and Plume.

Multi-chain deployments resolve history bottlenecks with tokenized assets. CMBI funds operate on a variety of blockchains to maximize accessibility. Smart Contracts automate compliance and enable real-time payments.

The CMB International USD Money Market Fund has been ranked first among its Asia-Pacific peers since February 2024. Bloomberg’s performance data for July 2025 confirms its key position. The tokenized version supports Fiat and Stablecoin subscriptions with immediate liquidity through smart contracts.

CMBI’s multi-chain approach solves important bottlenecks with the adoption of RWA. Investors can redeem the token in real time without waiting for a traditional payment cycle. Regulators in Hong Kong and Singapore are aware of the fund.

RWA market size explodes to $30 trillion

The RWA tokenization market is experiencing unprecedented growth. The current market value, including Stablecoins, is $185 billion. Industry analysts predict that the sector could reach $30 trillion by 2030, representing 54 times growth.

The tokenized Ministry of Finance alone jumped 179% in 2024. Private credit tokenization increased by 40%. BlackRock’s Buidl fund has captured almost 30% of the tokenized Treasury market within six weeks of launch.

The Wall Street giant has fully integrated blockchain technology, including major institutional adoption by BlackRock, Goldman Sachs and JPMorgan. Franklin Templeton brought the Onchain US Fund to Solana earlier this year.

Hong Kong aims to become the crypto gateway in Asia

Chinese companies are also deeply interested as Ant Group prepares their Stablecoin application and JD.com explores licensing opportunities in Hong Kong.

In contrast to the strict atmosphere of the mainland, Hong Kong’s regulatory framework has captivated Chinese companies. The city’s stubcoin rules require full reserve support and immediate repayment rights. Minimum capital requirements start at HKD 25 million.

The Stablecoins Ordinance, published on August 1, creates clear guidelines for players in the facility. Companies may issue appropriately licensed tokens in Hong Kong Dollars or USD-backed. Only licensed issuers can sell stable coins to retail investors.

This clear regulatory framework bridges traditional Chinese finance with the global blockchain market. With more licenses issued in 2026, it is expected that the adoption of tokenized assets will accelerate across the Asia-Pacific region.

The Chinese financial giants first appeared on Beincrypto, diving into real-world asset tokenization of $30 trillion.