Coolpad Group has announced the creation of its Real World Asset Tokenization Division (RWA Division) to focus on the tokenization of real-world assets, including properties. This move aligns with Coolpad's ongoing exploration of Web3.0 technologies, which began in 2023. The new division will help the company adapt to the evolving landscape of Web3.0 and support the innovation goals outlined in the Hong Kong Special Administrative Region's Digital Asset Development Policy Declaration 2.0. The division is led by Coolpad's chairman and CEO, Chen Jiajun.