The rapid advancement of AI, the maturation of blockchain technology, coupled with the steady progress of global stablecoin support policies, are propelling the Web3.0 industry ecosystem into an era of explosive growth. Within this, Real World Assets (RWA) is expanding swiftly, with each industry scenario poised to generate a market size in the trillions of dollars, presenting unprecedented market opportunities. Clearly, in the Web3.0 era, RWA is set to become a crucial segment of the global financial market over the next decade. Research reports from multiple securities firms and investment banks indicate that the total value of global RWA assets is growing rapidly, with widespread expectations that it could surpass $16 trillion by 2030, accounting for approximately 10% of global GDP. Faced with this immense market opportunity, METASPACEX (01796) is strategically entering the arena, accelerating its transformation towards AI and blockchain technology.

Since the second half of 2025, METASPACEX has been intensively signaling its business transformation. In June, it signed a strategic cooperation agreement with Yidian Shuzhi and subsequently acquired a 51% stake in the company, swiftly gaining a foothold in the AI and blockchain sectors. Following this, the company accelerated the deployment of cooperative scenarios across various fields, including new energy, pharmaceuticals, industrial manufacturing, and agriculture. In January of this year, it announced the establishment of a project company with Popcorn Technology, focusing on blockchain and digital asset operations, sending a very clear signal of its strategic pivot. By exploring Web3.0 development opportunities, focusing on the RWA track, and anchoring its strategy in the digital service ecosystem, METASPACEX is proactively transforming ahead of the curve, potentially guiding market investors towards a dual reassessment of its fundamentals and valuation.

RWA involves the tokenization of real-world physical or financial assets. Its essence lies in using blockchain and smart contract technology to create a digital representation and encrypted expression of the value of underlying real-world assets, allowing them to exist in virtual environments in the form of tokens. The rise of RWA benefits from the maturation of Web3.0 technology and the prosperous development of the metaverse. Web3.0 is a decentralized internet, enabling distributed users and machines to interact with data and value with others via peer-to-peer networks. The metaverse is essentially a virtual world constructed upon the decentralized ecosystem of Web3.0; blockchain technology serves as its cornerstone. The decentralized nature allows users to maintain control within the metaverse, create digital content, and also build the virtual world's economic system, which includes digital asset trading. The metaverse itself is not a new concept. As early as 2023, multiple Chinese ministries, including the Ministry of Industry and Information Technology (MIIT), jointly issued the "Three-Year Action Plan for Metaverse Industry Innovation and Development (2023-2025)." Over these three years, AI has developed at a breakneck pace, from ChatGPT to Open AI and DeepSeek, with large AI models iterating rapidly. Globally, there has been a rush to build data centers, with China having established massive computing power infrastructure. This computational power supports the operation of the virtual worlds built by the metaverse, and coupled with the maturation of AI hardware technology, "AI + metaverse" is gradually penetrating various industries such as education, gaming, and cultural tourism. By 2025, the metaverse industry began to take shape. The MIIT released the "Metaverse Industry Comprehensive Standardization System Construction Guide (2026 Edition)" for public comment, pointing out that by 2028, an initial standard system supporting the innovative development of the metaverse industry should be established, and by 2030, key standards supporting the high-quality development of future industries should be proactively laid out, promoting the global development of the metaverse industry. The economic activities within the virtual world of the metaverse are deeply integrating with the real economy, financial services, and cultural creation, accelerating the demand for bringing real-world assets onto the blockchain. RWA tokenization is the primary pathway for this on-chain movement of real-world assets and has become the hottest trend under the wave of Web3.0 development.

Securities firms and investment banks have already launched RWA products through platforms in Hong Kong, preliminarily validating the feasibility of technical paths such as asset tokenization and smart contract settlement. Furthermore, leading listed companies across various industries are actively embracing RWA-related industries through cooperation, investment, and issuance methods. With the increasing regulatory compliance of virtual currencies, institutions predict that the RWA market will grow to tens of trillions of dollars. For instance, a research report from Oriental Securities in July 2025 indicated that as of June 2025, the total value of global RWA assets reached $24.5 billion, with projections suggesting it could exceed $16 trillion by 2030, making it a core track for the convergence of traditional finance and the crypto world. It is noteworthy that while RWA tokens possess investment and financing functions, their regulatory treatment differs from securities. Currently, jurisdictions like the United States, the European Union, Hong Kong, and Dubai are vying for first-mover advantage, striving to establish international rules and market superiority through institutional innovation and the refinement of regulatory frameworks. Hong Kong is in a globally leading position in terms of development and regulation. The "Policy Declaration on Virtual Assets Development 2.0" released in June 2025 and the subsequent "Fintech 2030" strategy outlined a clear implementation path for RWA tokenization. In August, the "Stablecoin Ordinance" was promulgated, gradually building a complete ecosystem of "stablecoin issuance - asset tokenization - compliant circulation," providing fertile ground for RWA development. The core link in the RWA value chain is underlying technical services. Bringing real-world assets on-chain requires the support of blockchain technology platforms, which will drive a surge in demand for such platforms, and related Hong Kong-listed companies are likely to gain market favor.

METASPACEX is closely following the trends of metaverse development and the digital asset ecosystem. It leverages cutting-edge technologies such as Virtual Reality (VR), Augmented Reality (AR), Artificial Intelligence (AI), and blockchain to drive industrial upgrading, providing technology R&D and system integration services for industries including energy, smart cities, industry, and healthcare. Simultaneously, it is seizing the opportunities presented by the RWA track by doubling down on AI and blockchain technologies to empower various industries in building digital asset platforms. The company's acquisition of Yidian Shuzhi in June 2025 was strategic, as Yidian's business aligns perfectly with METASPACEX's direction. Yidian's main businesses include AI-enabled services, using the catering industry chain as an entry point to promote the upgrade of traditional catering; industrial empowerment services, facilitating the transformation of traditional industries through AI and digital means; and digital rights and technology services, providing a digital commodity trading platform and enterprise-level SaaS solutions. Following the acquisition, the company leveraged its resources to rapidly expand into scenario markets. In July 2025, it signed a strategic cooperation with Chongqing Bihe New Energy for in-depth collaboration on hydrogen energy storage projects and related businesses. New energy sectors like photovoltaics, hydrogen energy, and lithium batteries receive strong government support, and the concept of "New Energy + RWA" is gaining traction, as evidenced by cases like Longshine Group's charging pile RWA and GCL Energy Technology's photovoltaic power station RWA, confirming the industry trend. METASPACEX also mentioned focusing on opportunities in the new energy sector in its recent interim report.

In December of the same year, METASPACEX announced a series of cooperative projects. On the 10th, it signed a strategic cooperation with Xinhua Pharmaceutical, focusing on AI-driven standardization, modernization, and marketing of traditional Chinese medicine. On the 17th, it entered a strategic partnership with Guangzhou Xinglun to explore cooperation opportunities in industrial IoT, industrial software, and smart manufacturing. On the 31st, it signed a strategic agreement with Sanzhuliang Group to promote smart agriculture, supply chain digitalization, and the establishment of a joint agricultural technology innovation platform. Whether in new energy, healthcare, industrial manufacturing, or agriculture, these industries exhibit RWA demands. Through its strategic partnership model, the company is creating a closed-loop service, progressing from empowering industrial digitalization to forming a digital asset ecosystem. In January of this year, the company established a blockchain technology project company with Popcorn Technology, aiming to provide clients with public chain services, e-wallets, and digital asset trading services, indicating potential future commercial actions. RWA tokens are primarily issued on public chains. This project company offers a one-stop public chain solution, including a high-performance public chain supporting smart contract cross-chain compatibility (interoperable with Ethereum, BNB Chain, etc.); token issuance services, encompassing smart contract development and design, stablecoin issuance, and RWA tokenization; electronic trading platform services, providing low-latency matching engines, high-security custody, and liquidity pools for spot and futures trading; and e-wallet services with a built-in DApp browser, multi-chain asset support (compatible with BTC, ETH, and custom tokens), and one-stop digital asset management.

Within just half a year, METASPACEX has completed its strategic layout in AI, blockchain, and digital asset platforms, demonstrating the company's determination in its business transformation and its strong optimism regarding the RWA track and related digital asset fields. It also highlights the management's forward-looking business investment strategy and highly efficient execution. The company is rapidly transitioning from a home furnishings company to a digital service ecosystem platform. This fundamental metamorphosis is expected to drive value discovery in the secondary market.

In summary, the Web3.0 era and the all-scenario coverage of the metaverse, combined with policy drivers, are fueling the rapid growth of the RWA track, unveiling a market opportunity worth tens of trillions of dollars. Success lies in riding the trend, and as the saying goes, even a pig can fly in a strong wind. METASPACEX is seizing this opportunity, quickly deploying in AI and blockchain, and has proactively built a comprehensive digital service ecosystem. Leveraging Hong Kong's fertile ground for development, the company is poised to benefit from the industry's growth红利 and achieve rapid development.