HONG KONG, September 15, 2025 – China New City Group Limited (Stock Code: 1321.HK), a Hong Kong-listed company, and EXIO Group Limited (“EX.IO”), a global leader in Web3 innovation, today announced a strategic partnership to jointly issue a Real World Asset (RWA) product that integrates commercial real estate with digital assets. This groundbreaking initiative not only transforms mainland China’s physical commercial properties into on-chain digital assets but also introduces the world’s first RWA product structure combining traditional and crypto assets. This marks a strategic leap for traditional enterprises transitioning into digital asset businesses, offering global investors a novel asset investment category.
The underlying assets of this issuance consist of two components: high-quality commercial real estate in mainland China and mainstream virtual assets with significant growth potential. The real estate component is Zhongan Times Square, located in Hangzhou, Zhejiang Province, a project known for its consistently high occupancy rates, stable foot traffic, and a strong lineup of premium brand tenants, ensuring exceptional asset quality and revenue potential. By leveraging blockchain technology to tokenize these assets, the investment threshold for real estate is significantly lowered. Additionally, incorporating mainstream virtual assets into the portfolio provides global investors with an attractive and secure asset allocation option that balances safety and yield.
As a pioneer in industrial transformation, China New City Group is evolving into a digital asset management company. The group will fully harness cutting-edge technologies such as blockchain, artificial intelligence, and the Internet of Things to digitize assets across real estate, green finance, and cross-border trade, building a new digital real estate ecosystem. The successful issuance of this project will provide valuable insights and a replicable model for the digitization of other traditional assets.
Mr. Lin Caihe, Chief Financial Officer of China New City Group, stated: “This is not only a pivotal step in our group’s transformation but also a landmark event in the digitalization of the real estate industry. By empowering physical assets with technology, we are actively embracing emerging sectors and are committed to creating sustainable value that transcends economic cycles. Moving forward, we will continue to drive the deep integration of digital and physical assets, aspiring to become a leading digital asset management enterprise.”
Ms. Susie Ruan, Executive Director of Business Development at EX.IO, emphasized: “The past decade has been a golden era for Chinese real estate, with property serving as a key source of wealth appreciation for both individual and institutional investors. Even in periods of industry adjustment, real estate continues to demonstrate its stability and resilience. By tokenizing large-scale, high-quality properties in a compliant framework, we are lowering investment barriers and enabling real estate to become a core component of diversified portfolios. This RWA initiative, combining real estate with digital assets, represents a pioneering step for real estate companies transitioning into the new economy.”
EXIO Group Limited is a global leader bridging traditional finance (Web2) and the Web3 ecosystem, delivering innovative, compliant, and secure financial solutions. Headquartered in Hong Kong, the group operates through multiple subsidiaries, including EXIO Limited (a compliant virtual asset trading platform regulated by the Hong Kong Securities and Futures Commission, VATP) and EXIO FZCO (currently applying for a VASP license from Dubai’s VARA). EXIO Group Limited’s mission is to empower global users through cutting-edge Web3 financial services, combining regulatory compliance, advanced technology, and deep banking partnerships to serve institutional, high-net-worth, and retail clients.
This product issuance is not only a key milestone in China New City Group’s digitalization strategy but also a model case for the development of Hong Kong’s RWA market. The project ensures investor protections through professional asset valuation, legal compliance, and robust technological safeguards. Moving forward, both parties will continue to expand the scope and scale of asset tokenization, contributing to Hong Kong’s emergence as a global hub for RWA development.
For more information, please visit:
Website: https://www.ex.io
RWA Lab: https://community.ex.io/rwa-lab/
Linkedin: https://www.linkedin.com/company/exio-hk/
PR Contact: pr@ex.io