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eazen Group, a major Chinese real estate and investment firm, is leveraging Hong Kong's progressive crypto stance to raise funds through tokenized real-world assets (RWAs). The company has established the Seazen Digital Assets Institute under Vice Chairman Wang Yifen to issue tokenized bonds and debt instruments. This move aims to capitalize on the growing demand for digital assets.

    Seazen plans to tokenize its Wuyue Plaza shopping centers as part of a broader strategy to digitize real-world assets. The firm will also explore other forms of debt tokenization, including NFTs tied to its properties. This initiative comes as China considers lifting its ban on cryptocurrency and related products, potentially paving the way for yuan-backed stablecoins.

    Seazen's efforts to expand into digital assets follow a challenging period for the Chinese real estate sector, which is still recovering from a 2021 market crash. The company was one of the few firms able to avoid financial default during this time. As China signals a potential shift away from strict crypto prohibitions, Seazen is well-positioned to capitalize on the growing demand for digital assets in Hong Kong and beyond.