HONG KONG, March 14, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT) and Axis Capital Group officially signed a strategic cooperation agreement in Hong Kong to jointly develop the world’s first gold RWA (Real World Assets) tokenization project. This collaboration marks another milestone in the deep integration of the traditional gold industry and blockchain technology, signaling a transformative shift in the liquidity, transparency, and accessibility of gold investments.
RWA Tokenization: Reshaping the Landscape of Gold Investment
RWA tokenization refers to the process of digitizing real-world assets (such as real estate, gold, and bonds) through blockchain technology, enabling them to be freely traded on-chain. These tokens not only represent asset ownership but also carry the associated income rights. By enhancing liquidity and significantly reducing transaction costs, RWA tokenization attracts a more diverse group of investors.
In recent years, RWA tokenization has emerged as a significant trend in global financial markets. Industry data shows that by the end of 2024, more than $13 billion worth of real assets had been tokenized worldwide, spanning real estate, gold, and bonds. Particularly in the gold sector, demand for tokenized gold continues to rise. Notably, Paxos Gold (PAXG) saw over 20% market growth in 2024, reflecting the increasing adoption of tokenized gold products.
Multiple Advantages of Gold RWA Tokenization
A Strong Alliance Between BHAT and Axis Capital Group
As a Nasdaq-listed company, BHAT is deeply engaged in the gold industry. Axis Capital Group, headquartered in Hong Kong, is a licensed financial services firm recognized by the Hong Kong Securities and Futures Commission (SFC Code: AGB 171). With over 20 years of experience in fund management, investment advisory, and financial consulting, Axis Capital has exceptional expertise, particularly in private wealth management and asset inheritance for high-net-worth clients.
Through this collaboration, both parties will leverage their strengths to drive the successful implementation of the gold RWA tokenization project:
Looking Ahead
Blue Hat CEO, Mr. Chen Xiaodong, stated:
"Gold RWA tokenization is an innovative attempt to merge traditional gold businesses with blockchain technology. We believe that this project will inject new vitality into the gold market while offering global investors a more flexible and efficient investment approach."
The head of Axis Capital Group added:
"RWA tokenization is not only the result of technological advancement but also a crucial step in integrating traditional finance with the blockchain ecosystem. Through our partnership with BHAT, we aim to set an industry benchmark for the digital transformation of gold assets."
As RWA tokenization technology matures and gains broader market acceptance, the gold RWA tokenization project is poised to become a breakthrough in global financial markets. This initiative will not only create more value for investors but also reshape the future of the gold industry in profound ways.
About Blue Hat
Blue Hat was formerly a provider of communication services, as well as a producer, developer, and operator of AR interactive entertainment games, toys, and educational materials in China. Leveraging years of technological accumulation and unique patented technology, Blue Hat is expanding its business to commodity trading, aiming to become a leading intelligent commodity trader worldwide. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com. The Company routinely provides important information on its website.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.
Legal Disclaimer
The tokenized gold assets described in this release have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities.
The development of blockchain-based tokens is subject to significant regulatory uncertainty across various jurisdictions. Before implementation, Blue Hat will seek appropriate regulatory guidance and ensure compliance with all applicable securities laws and regulations, including potential registration requirements with the SEC and/or FINRA.
Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net
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