TechFlow news, August 19 — According to Zhitong Caijing, as the only mainland strategic partner of the Hong Kong Web3.0 Standards Association, Shenzhen Longgang District Data Co., Ltd. has signed a strategic cooperation agreement with the association to deeply participate in the ecosystem development of the world's first RWA asset registration platform launched by the association in Hong Kong on August 7. Both parties plan to jointly establish a cross-border data compliance mutual recognition mechanism and build a full-cycle service platform covering asset ownership verification, trusted evidence storage, and compliant circulation. Leveraging "Shenzhen's industrial foundation + Hong Kong's international hub," they aim to explore a model of "digitizing mainland assets, financializing digital assets in Hong Kong, and globalizing compliant circulation," supporting the dual domestic and international circulation framework.
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