Real World Assets (RWA) are under scrutiny for being a repackaged version of traditional asset securitization, according to a recent opinion piece by Liu Yang. The article argues that while RWA involves tokenizing real assets, it does not inherently reduce risk compared to digital collectibles, which are based on digital images. The concept of RWA is likened to asset securitization, where assets are divided and sold under the guise of blockchain innovation, but essentially remain a method of fundraising or distributing asset value via virtual currencies. Additionally, RWA projects are cautioned against being exploited for money laundering purposes.