BlockBeats News, February 13th, an article in Finance magazine pointed out that the “Notice on Further Preventing and Dealing with Risks Related to Virtual Currency and Others” recently issued by eight departments including the People’s Bank of China defined the securitization of RWA as a new type of securities activity. This means that licensed securities intermediaries in mainland China and Hong Kong are expected to benefit. Analysis believes that three types of cross-border RWA businesses are feasible:
· Debt-based RWA securitization, characterized by a clear term and repayment of principal and interest at maturity.
· Equity-based RWA securitization, usually with dividends and no clear maturity date.
· Other types of RWA securitization, such as gold-based RWA securitization.
