TechFlow news, August 29 — According to Reuters, Chinese property developer Seazen Group announced plans to establish an institute in Hong Kong to advance the tokenization of real-world assets (RWA). The company intends to explore converting its intellectual property resources and asset revenues into tradable digital tokens on the blockchain.
Reuters reported that Seazen expects to set up a digital asset management department by the end of this year and launch NFT products linked to its May Square investment property.
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