Opinion
RWA tokenization faces criticism, but regulatory clarity and institutional adoption prove it’s building the foundation for finance’s future.
Alex Zhang
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Alex Zhang is the co-founder and CEO of Pharos, an L1 focused on RWAFi. With 20+ years in emerging tech, Alex was previously CEO of ZAN (Ant Group’s Web3 arm), chief technology officer of Ant Group Digital Technologies, and head of the blockchain lab at Alibaba Damo Academy. Alex also serves as Vice Chair of the IEEE Blockchain Standards Committee.
Don’t just tokenize assets, build the institutions to back them