INX 創辦人敦促統一 RWA 標準

現實世界資產（RWA）代幣化領域預計將成為一個數兆美元的市場，但要實現這一成長可能需要統一的全球監管框架

Real-world assets (RWAs) tokenization is predicted to become a multi-trillion-dollar market, but achieving this growth will likely require a unified global regulatory framework, according to Shy Datika, founder and CEO of INX.

INX 創辦人兼執行長 Shy Datika 表示，現實世界資產（RWA）代幣化預計將成為一個價值數兆美元的市場，但要實現這一增長可能需要統一的全球監管框架。

Datika, a veteran of both traditional and digital finance, argues that such a framework would not only provide clarity but also ensure that industry players are not hampered by the complexity and cost of navigating diverse regulations.

傳統金融和數位金融領域的資深人士 Datika 認為，這樣的框架不僅可以提供清晰度，還可以確保產業參與者不會因應對不同監管的複雜性和成本而受到阻礙。

However, in written responses shared with Bitcoin.com News, Datika concedes that achieving this ideal framework might not be possible due to the varying legal, economic, and regulatory priorities of different jurisdictions. This reality, he says, makes it incumbent on RWA tokenization players to learn to operate within a “fragmented regulatory landscape, adapting to a patchwork of regional requirements.” While far from ideal, he insists that this allows for “localized adaptation to address specific market needs and regulatory concerns.”

然而，在與 Bitcoin.com News 分享的書面回覆中，Datika 承認，由於不同司法管轄區的法律、經濟和監管優先事項不同，實現這一理想框架可能是不可能的。他表示，這一現實使得 RWA 代幣化參與者有責任學會在「碎片化的監管環境中運作，並適應各地區的要求」。儘管遠非理想，但他堅持認為這可以「進行本地化調整，以滿足特定的市場需求和監管問題」。

When asked how regulators can help foster an ecosystem that mitigates risks without hindering innovation, Datika advocates for establishing a body similar to the Global Financial Regulation (GFR). Such an institution, he said, would help “harmonize standards and practices across different jurisdictions.” Datika also recommends greater collaboration and information sharing between regulatory bodies if establishing a global body proves impossible.

當被問及監管機構如何幫助培育一個在不阻礙創新的情況下降低風險的生態系統時，Datika 主張建立一個類似於全球金融監管機構 (GFR) 的機構。他說，這樣的機構將有助於「協調不同司法管轄區的標準和做法」。如果事實證明建立全球機構是不可能的，達蒂卡還建議監管機構之間加強合作和資訊共享。

Datika also provided his perspective on the rate of RWA adoption and his projections for the next five years in his answers to a wider range of questions on the same subject. Below are the INX founder’s answers to the questions sent.

Datika 在回答有關同一主題的更廣泛問題時也提供了他對 RWA 採用率的看法以及對未來五年的預測。以下是 INX 創辦人對所發送問題的回答。

Bitcoin.com News (BCN): According to research from Boston Consulting Group, the Real-World Asset (RWA) tokenization sector could reach $16 trillion, equivalent to almost 10% of the global GDP, by 2030. How do you view the current state of the RWA sector? Dividing the RWA development into very early, early, middle, and final stages, what stage would you classify the current RWA era?

Bitcoin.com新聞（BCN）：根據波士頓諮詢集團的研究，到2030年，現實世界資產（RWA）代幣化領域可能達到16兆美元，相當於全球GDP的近10%。現況RWA 部門的狀況如何？將RWA的發展分為極早期、初期、中期、末期，您認為目前的RWA時代屬於哪個階段？

Shy Datika (SD): We see that RWA has hatched from its egg, and the chick is starting to walk. It’s now in the growth stages. The RWA sector is in the early stages of its development phase. While there are significant advancements and promising pilots, widespread adoption and regulatory frameworks are still evolving. The growth trajectory could exceed current projections. CoinDesk initially estimated the sector could reach $1 trillion by 2030 back in 2021, but by 2023, this projection has escalated to $16 trillion.

Shy Datika (SD)：我們看到 RWA 已經從蛋中孵化出來，小雞開始走路。現在正處於成長期。 RWA 產業正處於發展階段的早期階段。儘管取得了顯著的進步和有前景的試點，但廣泛採用和監管框架仍在不斷發展。成長軌跡可能會超出目前的預測。 CoinDesk 最初預計到 2021 年該行業的規模將在 2030 年達到 1 兆美元，但到 2023 年，這一預測已升級至 16 兆美元。

This upward trend suggests the RWA market could grow significantly faster than initially anticipated. Much like Bitcoin a decade ago, which started at $0.10 and was initially underestimated, RWAs are at a similar juncture—low in price and high in potential but still relatively unknown. As the sector matures and gains broader acceptance, it could drive substantial growth, potentially surpassing even the most recent projections by 2030.

這種上升趨勢表明 RWA 市場的成長速度可能比最初預期的要快得多。就像十年前的比特幣一樣，其起價為 0.10 美元，最初被低估，RWA 也處於類似的時刻——價格低、潛力大，但仍然相對未知。隨著該行業的成熟並獲得更廣泛的接受，它可能會推動大幅成長，甚至到 2030 年甚至可能超過最新的預測。

BCN: Although RWAs now seem to be part of present-day Web3 investment discussions, it would appear many investors have yet to comprehend the idea behind them and how they can capitalize on this emerging technology. As a financial sector veteran, could you briefly explain to our readers in simple terms the basics of RWAs, what they represent, and how they can extract value from the sector?

BCN：儘管 RWA 現在似乎已成為當今 Web3 投資討論的一部分，但許多投資者似乎尚未理解其背後的想法以及如何利用這項新興技術。作為金融業的資深人士，您能否簡單地向我們的讀者解釋一下 RWA 的基礎知識、它們代表什麼以及它們如何從該行業中提取價值？

SD: Real-world assets (RWAs) are physical assets like real estate, art, stocks, commodities etc that are represented digitally on a blockchain. For example, if you invest $100,000 in a $100 million multifamily project in New York, you own 1% of that project and receive 1% of the rental income. If this investment is tokenized, you hold a digital token that represents your share.

SD：現實世界資產（RWA）是一種在區塊鏈上以數位方式表示的實體資產，例如房地產、藝術品、股票、商品等。例如，如果您在紐約投資 100,000 美元購買價值 1 億美元的多戶住宅項目，您擁有該項目 1% 的股份，並獲得 1% 的租金收入。如果這項投資是代幣化的，您將持有代表您份額的數位代幣。

This token can be traded on platforms for other asset tokens—such as those representing hotels, sports teams, traditional stocks or even commodities like gold or diamonds. Essentially, RWAs turn real-world assets into digital tokens, which can be traded 24/7 in fractional amounts.

該代幣可以在其他資產代幣的平台上進行交易，例如代表酒店、運動隊、傳統股票甚至黃金或鑽石等商品的代幣。本質上，RWA 將現實世界的資產轉化為數位代幣，可以 24/7 進行小額交易。

By tokenizing assets, you avoid traditional intermediaries like banks and brokers, enabling a more direct and flexible investment process. You can exchange your tokens globally, anytime, and for various assets, increasing liquidity and access to diverse investments. This system opens up new opportunities for investors to capitalize on the growing RWA sector.

透過對資產進行代幣化，您可以避免銀行和經紀人等傳統中介機構，從而實現更直接、更靈活的投資流程。您可以在全球範圍內隨時將您的代幣兌換成各種資產，從​​而增加流動性並獲得多樣化的投資。該系統為投資者利用不斷增長的 RWA 行業帶來了新的機會。

BCN: Every new tech arrives with the objective of mainstream adoption. The situation is not different for RWAs, with so many new products flooding into the marketplace and seeking adoption. How would you characterize the overall adoption rate of real-world assets (RWAs) compared to other technological innovations introduced in previous eras?

BCN：每項新技術的出現都以主流採用為目標。 RWA 的情況也沒有什麼不同，有這麼多的新產品湧入市場並尋求採用。與先前時代引入的其他技術創新相比，您如何描述現實世界資產 (RWA) 的整體採用率？

SD: Technological advancements have surged over the last century, and our approach to new innovations has evolved significantly. For instance, Bitcoin, introduced in 2009, has grown from a niche interest to a globally recognized asset

SD：上個世紀，科技進步突飛猛進，我們的創新方法也發生了顯著變化。例如，2009 年推出的比特幣已從小眾興趣發展成為全球公認的資產