Report Summary  On November 14, 2025, EXIO Group held its 4th Closed-Door RWA Selection Conference in Hong Kong, attracting core decision-makers from private equity funds, family offices, securities firms, and banks. Continuing the asset-selection philosophy of the previous three sessions – “underlying assets are king” combined with the dual-wheel drive of “stable assets + innovative assets” […]

Introduction A closed-door meeting attended by only a select few may signal the investment direction of the trillion-dollar Real World Assets (RWA) market. Following the success of the inaugural RWA Selection Meeting, Kriteria, a Web3 credit analysis firm, was invited as an independent evaluator to participate in the second closed-door RWA project selection meeting hosted […]

Hong Kong, July 22, 2025 – Kriteria, a Web3 credit analysis agency, was recently invited as an independent evaluator to participate in a closed-door RWA project selection meeting organized by EXIO Group. This event brought together industry representatives from both traditional finance and blockchain sectors, aiming to conduct in-depth evaluations and selections of a series of […]

Security Token Offerings (STOs) and Real-World Assets (RWAs) involve asset tokenization on blockchains but differ in nature and regulation.  STOs offer regulated investment avenues, suitable for institutional investors; RWAs democratize asset access, appealing to retail investors. STOs face complex compliance requirements, while RWAs involve challenges in asset valuation and custody. According to BCG, the RWA […]

Ethereum Virtual Machine (EVM) compatibility refers to blockchains supporting EVM to run smart contracts, enabling cross-chain deployment of Ethereum-developed dApps. The EVM, proposed by Vitalik Buterin in 2013, is Ethereum’s core computing engine, executing smart contracts and maintaining blockchain state. EVM-compatible blockchains (e.g., Polygon, Binance Smart Chain, Avalanche) support ERC-20 tokens and NFTs, offering low-cost, […]

Tokenomics refers to the economic model of tokens, designing issuance, distribution, incentives, and burning mechanisms that impact their value and sustainability. Key elements include:  For example, MakerDAO adjusts DAI supply via stability fees to maintain its dollar peg. Well-designed tokenomics enhance project appeal, attracting investors, as seen in Uniswap’s UNI airdrop incentivizing participation. Poor design […]

Virtual asset custody and securities custody aim to protect investor assets, but they differ in nature, regulation, and operations.  Virtual Asset Custody: Involves secure storage of cryptocurrencies (e.g., USDC), addressing risks like hacking and private key loss. Techniques like cold storage, multi-signature wallets, and multi-party computation (MPC) ensure asset security. Regulatory frameworks are evolving, requiring […]

Wrapped tokens convert one asset (e.g., BTC) into a standardized token (e.g., ERC-20 WBTC) on another blockchain to enable cross-chain interoperability. They work by locking the original asset in a smart contract or digital vault and minting equivalent tokens on the target blockchain, addressing blockchain incompatibility. For example, WBTC allows Bitcoin to be used in […]

Decentralized finance (DeFi) protocols are blockchain-based financial applications that provide lending, trading, and liquidity mining services through smart contracts, eliminating traditional intermediaries like banks or brokers. Operating on public blockchains like Ethereum, they ensure transparency, security, and global accessibility. For example, MakerDAO enables RWA lending via its DAI stablecoin, with a market size of $436 […]

Whitelisting restricts blockchain transactions to addresses verified through KYC/AML processes, ensuring regulatory compliance and security. This mechanism is common in initial coin offerings (ICOs), initial exchange offerings (IEOs), and NFT launches, where participants must meet criteria like providing identity information or minimum investment amounts. Whitelisting prevents fraud and bot participation, ensuring fair token or asset […]