According to Bloomberg, Chinese real estate developers are facing challenges of insufficient demand and regulatory uncertainty when financing through tokenized assets (RWA). According to sources, a subsidiary of Kaisa Group recently issued tokenized accounts receivable notes through the virtual asset trading platform EXIO. The original plan was to raise funds from a wider range of professional investors, but ultimately it was mainly subscribed by familiar investors, raising only about HKD 25 million (approximately USD 3.2 million), with a note term of 364 days and an interest rate of 4%. In addition, New City Development Group originally planned to issue tokenized private equity debt in Hong Kong by the end of 2025, but due to policy uncertainty and the tightening of RWA tokenization requirements in mainland China, marketing efforts have not yet been initiated. https://(wublock123.com)/news/china-real-estate-developers-rwa-tokenization-demand-regulatory-uncertainty-62884