Seeing @veloprotocol officially announce their collaboration with Pangaea, I think this could be the most underrated RWA story of the year.
Why do I say that? 👇
▪️ First, there’s a breakthrough in asset types:
Previously, RWA was basically just "safe but boring" assets like U.S. Treasuries and government bonds. Now, EVOLVE is launching a multi-asset, multi-chain combination:
$EVPC (private credit) + $EVMA (electric vehicle infrastructure + real estate).
Private credit provides stable returns, while electric vehicle assets bring growth potential.
This also means that RWA is starting to cover assets around us that truly have growth potential.
▪️ More importantly, there’s a technological foundation:
Pangaea, as a publicly listed company in Hong Kong, brings not just compliance endorsement but also data transparency through IoT/AIoT.
Imagine real-time usage data from electric vehicle charging stations and rental income from properties being recorded on-chain in real-time through IoT devices.
Combined with Chainlink's data verification, this level of transparency is something traditional RWA products cannot achieve.
▪️ The ecosystem integration is also quite clever:
VELO provides payment settlement infrastructure, while Lightnet handles PayFi, and in the future, they plan to expand to multi-chains like Solana, Ethereum, Avalanche, etc.
The same RWA asset can circulate across multiple chains, significantly enhancing liquidity and composability.
▪️ Most importantly, there’s the timing and market positioning:
2025 is widely regarded as the year of RWA explosion, but most projects are still stuck in the comfort zone of U.S. Treasuries and government bonds.
EVOLVE's model of "multi-asset, multi-chain, IoT transparency" could become the standard for the next generation of RWA products.
Moreover, they are targeting the Asian market—countries like Thailand and Hong Kong, which have relatively friendly regulatory environments for RWA.
They don’t have to navigate around the SEC as cautiously as U.S. projects do.
〰️〰️〰️〰️
Of course, success will depend on execution. But at least in terms of product design and partner selection, they are already a step ahead.
The RWA story may really start to be rewritten from Asia. 🌏
🇭🇰 1473 (Pangaea) Ltd., a Hong Kong–listed company, will build IoT-powered RWA tokenization on the VELO's ecosystem.
Leveraging its IoT & connectivity expertise, Pangaea aims to:
🔹Develop tokenized assets backed by real-time IoT data
🔹Create de-risked products such as supply chain finance & asset-backed lending
🔹Integrate IoT platforms with blockchain settlement for transparency & scale
Pangaea is also preparing to launch a digital asset treasury program on $VELO token, strengthening institutional-grade participation and expanding Asia’s digital financial infrastructure 🏦💹
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