1. The Nature of RWA: Unlocking the "Liquid镣ons" of Traditional Assets The core of RWA tokenization lies in transforming real-world, illiquid, and high-threshold assets into divisible and tradable digital tokens using blockchain technology. This transformation must surpass three critical thresholds: value stability (assets must generate predictable flow money), clarity of legal rights (ownership must be beyond doubt), and verifiability of on-chain data (asset conditions must be monitorable in real-time). New energy assets naturally fit these requirements. Take charging piles as an example, which serve 8-12 vehicles per day with a service fee of 0.6-0.8 yuan per kilowatt-hour, and have a low annual cash flow volatility rate of less than 5%, meeting the requirement for value stability; property rights are registered in the name of the operator, and data such as charging volume and fault rate are real-time transmitted through the Internet of Things devices, and on-chain data can be verified. This "natural adaptability" makes new energy assets a high-quality target for RWA— according to the "RWA Industry Development Research Report (2025)", the global green energy RWA scale has exceeded 8 billion US dollars, with charging piles and photovoltaic assets accounting for 62%. The revolutionary nature of RWA lies in its low barriers to entry and improved liquidity. Traditional methods require an investment of 100,000-150,000 RMB to invest in a single charging pile, and transfer is not easy. Instead, if tokenized, investors can buy the right to a 0.1 or even 0.01 charging pile, and the minimum threshold drops to 1,000 RMB. On the other hand, digital assets can be traded in real-time on compliant exchanges, with liquidity increased by more than ten times compared to traditional methods. Quoting the Hong Kong Web3.0 Standardization Association, "RWA transforms new energy infrastructure from 'heavy asset strongboxes' to 'divisible digital blocks'."II. Global Experience: Exploring Diverse RWA Experiences Practical experience in international markets provides differentiated references, while the core is technological innovation that matches local scenarios. South Korea's Piggycell has established an ecosystem for "DePIN+RWA" shared charging. With 13,000 charging stands and 100,000 batteries deployed, ownership and benefits are separated using NFTs (each charging stand is assigned a unique serial number NFT). Smart contracts automatically distribute dividends: 30% to store owners, 30% to users, 25% to NFT holders, and 15% to the foundation. This model has proven that RWA can redefine the competitive landscape of the industry, with a 90% market concentration in South Korea's shared charging market and 3 million users mobilized. In the United States, IoTeX has partnered with U Power to focus on full-life cycle management. Both companies are registering charging and exchange facilities as assets on the blockchain and tokenizing them, not only to realize real estate financing but also to record the entire process of device maintenance and renewal on the blockchain. This innovation lies in the integration of the IOTX token into asset reserves, which synchronizes the value of digital assets with physical assets. IoTeX Co-founder Raullen Chai stated, "DePIN is not only a platform for RWA financing methods but also for digital management of infrastructure development" (Quoted from IoTeX Co-founder Raullen Chai). III. Technological Challenges and Future Directions The scalation and development of RWA must overcome dual barriers of technology and compliance, and the path of development is becoming increasingly clear. Technologically, the reliability of data is the core challenge. Dr. Yan Ying, Chief Scientist of Alibaba Data Core, mentioned, "Device Direct Connection + Data Cleaning + Privacy Computing". respond to the three-layer mechanism: By directly signing the data generated by the device and recording it on the blockchain, human intervention is avoided; combined with the operation logic, the integrity of the data is confirmed twice; and by utilizing technologies such as federated learning, privacy is protected while data verification is completed. Lanxin Technology's practice shows that this technology can improve reliability by 99.9% and meet the requirements of financial levels. Future development focuses on three directions: standardization aspects, including the explicitation of asset rights, unified standards for evidence and transfer; asset expansion aspects, including the gradual inclusion of carbon credit, energy storage assets in the RWA scope in addition to charging stations and solar power generation; globalization aspects, including the realization of RWA international settlement through the legal currency of various countries and currency stability. RWA goes far beyond the innovation of financing models for the new energy industry. The charging station, which is 0.1, will become a landmark for investors around the world, the power generation income of the solar power station can be precisely divided, and the capital efficiency of the new energy infrastructure has achieved a quantum leap. The value of new energy assets is re-priced worldwide, —– the most profound meaning of the financial revolution may be this.1 will become the world's investors' benchmark, the electricity income of solar power plants can be precisely divided, and the capital efficiency of new energy infrastructure will achieve a quantum leap. The value of new energy assets will be re-priced worldwide, and—– the essence of the financial revolution is probably just that.1 will become the world's investors' benchmark, the electricity income of solar power plants can be precisely divided, and the capital efficiency of new energy infrastructure will achieve a quantum leap. The value of new energy assets will be re-priced worldwide, and—– the essence of the financial revolution is probably just that.