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Adrian Cheng Launches ALMAD Group to Focus on Web3 and Digital Asset Innovation

Adrian Cheng’s new venture, ALMAD Group, will focus on the tokenization of real-world assets and digital asset innovation across multiple industries globally.

Fact Check
The statement is unequivocally confirmed across all provided evidence. Numerous independent news outlets and industry sources (South China Morning Post, ainvest.com, KuCoin, rwa.xyz) explicitly report that Adrian Cheng has launched ALMAD Group. These sources consistently state the group's focus is on Web3, digital assets, blockchain, and tokenization. Adrian Cheng's own LinkedIn profile further serves as a primary source confirmation, listing him as the Founder of ALMAD Group.
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Summary

Adrian Cheng has launched ALMAD Group, a new initiative focused on exploring digital assets, real-world asset tokenization, and emerging investment opportunities. Cheng will lead the company as founder and executive chairman, aiming to drive innovation in various sectors including finance, technology, and digital assets.

Terms & Concepts
  • Tokenization of real-world assets: The process of creating blockchain-based tokens that represent ownership of tangible assets such as real estate or commodities.
  • Web3: The next generation of the internet emphasizing decentralization, blockchain technology, and user ownership of data and digital assets.