Web3 Industry Weekly Report: Highlights from Week 2 of August 2025
1. Technology Headlines
1.1Ant Group announces that its self-developed public blockchain, Jovay, is expected to launch by the end of September
On August 7, Ant Group Vice President and President of Ant Digit's blockchain business, Bian Zhuoqun, revealed that Ant Digit's self-developed public blockchain, Jovay, is scheduled to officially launch at the end of September 2025 and will be capable of processing real transactions. On April 30 of this year, Ant Digit unveiled Jovay, a Layer 2 blockchain, and explicitly stated that it would be a compliant, institutional-grade blockchain and would not issue a token. Bian Zhuoqun stated that Ant Digit is committed to becoming a gateway connecting Web2 and Web3, providing more trusted assets for Web3 and attracting more compliant capital to Web2. She cited data predicting that the global tokenization market is expected to reach $16 trillion by 2030. Ant Digit is currently expanding its RWA asset portfolio in new energy, computing power, finance, and other fields.
https://www.jinse.cn/lives/470438.html
1.2 The world's first Hong Kong and Singapore mutual recognition fund goes on-chain—CMB International's public money market fund completes RWA through multi-chain deployment and partnerships
On August 8, CMB International Asset Management Co., Ltd. (hereinafter referred to as "CMB International Asset Management") announced the completion of its collaboration with DigiFT to tokenize real-world assets (RWAs) and distribute them on-chain for the CMB International USD Money Market Fund (the "Fund"). Through the Fund's approval in Hong Kong and Singapore, a token product issued by DigiFT and linked to the performance of the CMB International USD Money Market Fund will be sold on-chain to qualified professional investors on the DigiFT platform. DigiFT, a renowned Singapore-licensed RWA exchange, and OnChain, an RWA service provider, provided distribution and technical support for this token product. Since its inception on February 2, 2024, the CMB International USD Money Market Fund has ranked first among its peers in the Asia-Pacific region according to Bloomberg as of July 31, 2025.
https://mp.weixin.qq.com/s/4KtsqQCfrmGtIIriQgcMcQ
1.3 Cao Cao Travel partners with Victory Securities to develop RWA and stablecoin applications.
On August 6th, Caocao Travel signed a strategic memorandum of understanding for virtual asset cooperation with Victory Securities, a licensed financial institution in Hong Kong. The two parties will collaborate in three key areas: tokenization of real-world assets (RWAs), stablecoin payment applications, and compliant digital currency issuance. This collaboration marks the first systematic exploration of the integration of RWAs with cutting-edge digital financial instruments such as stablecoins in the domestic travel industry. Gong Xin, Executive Director and CEO of Caocao Travel, stated that blockchain technology and innovative Web 3.0 models will accelerate the asset tokenization process in the Robotaxi industry.
https://finance.sina.com.cn/7x24/2025-08-06/doc-infizxpu6701608.shtml
2. Industry News
2.1 Hong Kong releases its first white paper on the RWA industry: “Everything can be RWA” is a false proposition
On August 7, the Hong Kong Web3.0 Standardization Association and other organizations jointly released the "RWA Industry Development Research Report: Industry Edition 2025." The report notes that not all assets are suitable for tokenization, requiring them to meet three key thresholds: value stability, legal clarity of ownership, and off-chain data verifiability. While RWA's total locked-in value (TVL) currently stands at $12.5 billion (a 124% year-on-year increase), it faces challenges such as discrepancies in property registration, inconsistent valuations, and local regulatory compliance. The report emphasizes the need to strengthen compliance efforts and promote the integration of finance and the real economy.
https://www.theblockbeats.info/news/59249
2.2 Trump Signs Executive Order to Allow 401(k) Retirement Plans to Invest in Cryptocurrencies
Trump Signs Executive Order to Allow 401(k) Retirement Plans to Invest in Cryptocurrencies
2.3 UK regulator FCA lifts crypto ETN ban for retail investors
After prohibiting retail investors from accessing crypto ETNs and derivatives in 2021, the FCA changed its approach and now supports retail investors' access to ETNs.
3. In-depth analysis
3.1 FAST'25 Paper: Analysis and Optimization of Overcharging in Blockchain Storage
Analyzing and Optimizing Excessive Charges in Blockchain Storage
Disclaimer: The information provided in this document is based on publicly available market data and industry trends, and is for reference only. Please note that this information does not constitute any form of investment advice or recommendation, nor should it be considered as the basis for buying or selling any financial products or services. In case of any translation errors in English, inaccuracies, or situations requiring further clarification, please contact us through 'Contact Us' so that we can verify and make necessary corrections in a timely manner.
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