CZ: Hong Kong and Web3 Form a Powerful Combination, RWA Will Become an Important Development Direction

CZ stated at the offline "Binance Life" book club meeting in Hong Kong that Hong Kong, as a financial center, has unique advantages in terms of fintech talent, the flow of talent from the mainland, and institutional connections. He believes that the combination of Hong Kong and Web3 is a strong one. He also sees potential in Dubai, Abu Dhabi, and the United States after its policy shift to support the crypto industry. CZ pointed out that the development speed of RWA has exceeded expectations, especially in terms of securities on-chain. Once assets are on-chain, they can be directly accessible to global investors, enhancing asset accessibility and liquidity. RWA will become an important development direction in the future. He believes that stablecoins are essentially a form of RWA that represents fiat currency on-chain, and more countries may promote their national currencies to be on-chain in the future. Additionally, CZ mentioned that DEX has evolved from Uniswap and PancakeSwap to Hyperliquid over the past eight years, with infrastructure and user awareness significantly maturing. If regulatory policies continue to relax, the development speed of DEX and the entire crypto industry may accelerate further in the coming years.