Republic Power Group to Develop Asset Tokenization

- The partnership aims to integrate NVT's regulated tokenization infrastructure with Republic Power Group's existing enterprise resource planning (ERP) software and institutional clients across Asia. Republic Power Group will also help adapt NVT's solutions to meet local regulatory and technical requirements. - Hong Kong-based NVT has a track record of notable tokenization projects, including supporting the first tokenized security under Hong Kong law for GF Securities. The company also provided the blockchain infrastructure for a CNH 500 million tokenized bond issued by Shenzhen Futian Investment Holdings. - NVT's founder and CEO, Jay Zhao, highlighted that Republic Power Group's institutional relationships are a key strategic asset for scaling the adoption of real-world asset (RWA) tokenization. - The collaboration is targeting a rapidly growing market, with the asset tokenization market in Asia-Pacific expected to be the fastest-growing region globally. Projections estimate the global market could reach over $18 trillion by the early 2030s. - Both companies operate in jurisdictions with proactive digital asset regulation. Singapore's Monetary Authority of Singapore (MAS) has established a licensing framework under the Payment Services Act, while Hong Kong's Securities and Futures Commission (SFC) has implemented a regime for Virtual Asset Service Providers. - The CEO of Republic Power Group, Ziyang Long, described the move as a strategic extension of the company's enterprise software capabilities into the emerging field of digital asset technologies. - NVT's platform is designed to bridge traditional finance and Web3 by providing an integrated ecosystem for asset token issuance and over-the-counter (OTC) trading.