Most of the so-called RWA assets in China and Hong Kong are just garbage being dumped on-chain. Don’t touch them. Just remember: in an era of excessive liquidity, traditional capital can’t even compete for truly high-quality assets, so how could it be your turn as a small retail crypto trader? The potential of RWA still lies in some emerging high-volatility asset areas, like the tokens or stocks of startup companies. Although there will also be a mix of good and bad, there will definitely be opportunities.