CSOP Asset Management CIO Wang Yi says RWA’s next hurdle is 24/7 liquidity

In a PANews interview, Wang said round-the-clock trading potential for real-world assets does not guarantee active markets because market-making and operational costs remain a constraint.

Summary

Real-world assets, or RWA (tokenized real-world assets), may be structurally suited to 24/7 trading, but sustaining liquidity around the clock is the harder challenge, CSOP Asset Management CIO Wang Yi said in a PANews interview. He argued that continuous trading hours do not automatically create active markets. Instead, the key question is who will keep providing liquidity on a constant basis. Wang added that traditional overnight sessions already tend to have limited liquidity, and extending service to a full 24-hour model would bring extra operational and market-making costs. His remarks frame the next stage for RWA development as less about technical trading availability and more about whether TradFi and DeFi (decentralized finance) infrastructure can support durable, always-on market depth.

Terms & Concepts
  • RWA: Tokenized real-world assets
  • liquidity: How easily assets can be traded
  • market-making: Providing buy and sell quotes