April 2, 2025 – Taipei – The Real World Assets (RWA) Technology & Service Alliance was officially established during the Taiwan Association for Blockchain Ecosystem Innovation's (T.A.B.E.I.) annual general assembly. This marks the third Special Interest Group (SIG) under the Association, co-initiated by Starbit, BSOS, and BaaS Innovation, three blockchain technology companies with deep roots in the industry. The alliance will be led by Daniel Huang, CEO of BSOS, as its inaugural Executive Director.

The idea for the alliance was first introduced on February 20 during the 8th AI & Blockchain Industry Summit, and was formally recognized at this week’s assembly. Designed as an industry collaboration platform, the RWA Alliance aims to promote tokenization of real-world assets by bridging technology, regulation, practical applications, and market needs to drive RWA ecosystem development and real-world adoption in Taiwan.

During the opening remarks, Nicole Chan, Honorary Chairperson of T.A.B.E.I., emphasized:

“The core value of blockchain lies in its ability to bridge the physical and digital worlds. RWA is one of the most representative use cases of this. If the private sector can take the lead and build a complete ecosystem, it can more effectively drive regulatory progress and industry innovation.”

She also announced that Prof. Yang Yueh-Ping of NTU Law School and Prof. Hsieh Ming-Hua of National Chengchi University (NCCU) would serve as advisors to the alliance.

Professor Hsieh noted that RWA presents a critical opportunity to digitize traditional assets:

“From agricultural products and real estate to art, tokenization can enhance asset liquidity. But the risk is isolation—if these tokenized assets exist only within siloed environments, the benefits of tokenization are lost. What we need are interoperable and accessible platforms that allow these assets to truly move and interact.”

T.A.B.E.I. Chairman Taka Kao stressed the importance of cross-sector collaboration:

“We aim to break down silos and foster cooperation across once-disconnected industries and tech communities. RWA represents the first step in bridging virtual assets with the physical world.”

During the panel discussion, the three co-founding company leaders—Starbit CEO Sway Deng, BaaS Innovation CEO James Huang, and BSOS CEO Daniel Huang—shared their motivations and hopes for the alliance.

Sway Deng stated:

“Our three companies have been active in the blockchain industry for over seven years. We've witnessed the market mature, and now RWA presents an opportunity for scalable, real-world application. Launching this alliance is our way of laying the groundwork.”

James Huang added:

“At the heart of RWA is trust—and blockchain is the key enabler of that trust. Many asset holders have come to us asking how they can make their assets more liquid. That’s the most pressing question this alliance aims to address.” As Executive Director, Daniel Huang outlined the alliance’s structure and roadmap:

“Asset tokenization and the commercial adoption of stablecoins will be two of the core blockchain trends over the next 3–5 years. International examples like BlackRock’s BUIDL fund show that even traditional institutions are embracing public chains and collaborating with Web3-native players. Taiwan must act fast to keep pace.”

The alliance plans to facilitate convergence across multiple dimensions: technology and regulation, public and private sectors, Web2 and Web3, Taiwan and the global stage, and industry-academia collaboration.

For 2025, five key initiatives have been laid out: 1. RWA-focused reading and study groups 2. Strategic visits to relevant regulatory bodies 3. Educational and training sessions 4. International knowledge exchange 5. Industry development reports and policy recommendations

Daniel emphasized:

“Though the alliance was launched by tech companies, it’s not just about technology. We welcome participants from legal, accounting, asset management, systems integration, financial institutions, and academia. The goal is to co-create a truly integrated future ecosystem.”

The founding of the RWA Technology & Service Alliance marks a new chapter for blockchain’s real-world applications in Taiwan, laying the foundation for advancing tokenized assets and bridging the gap between the digital and physical economies.