HashKey Chairman and CEO Xiao Feng stated at a crypto finance forum at the University of Hong Kong that Hong Kong is poised to surpass London as the world's second-largest financial center through the tokenization of real-world assets (RWA). He highlighted Hong Kong's institutional advantages, which offer an integrated design from issuance and underwriting to trading and compliance operations, supporting both private and public structures. Xiao Feng believes that the combination of RWA with DeFi and financing mechanisms will open up greater opportunities for financial innovation in Hong Kong.