RWA Global to tokenize $300M of China’s clean-energy assets

RWA Global has signed an advisory agreement with UAE-based Golden Dolphin to support the tokenization of roughly $300 million of Chinese new-energy mobility assets. The firms said RWA Global will act as strategic adviser as they explore a securities-grade structure to allow qualified global investors to access those holdings.

Under the agreement, RWA Global will work with Golden Dolphin, Chinese regulators and external legal counsel to design a regulatory-compliant pathway for offshore issuance of tokens backed by onshore Chinese assets. Golden Dolphin is a UAE-domiciled company focused on new-energy mobility infrastructure and services in China. The engagement is described as the first stage of a longer partnership.

The timing follows a national framework issued on Feb. 6, 2026 by the People’s Bank of China, the China Securities Regulatory Commission and other authorities that allows offshore issuance of tokens backed by domestic assets, subject to regulatory filing. The framework keeps cross-border flows on regulated fiat-based rails while providing a formal channel for foreign capital to participate in Chinese real-world assets.

Tokenized real-world assets have increased in value onchain to more than $320 billion, about double the level three years earlier. Industry forecasts cited by the firms project further growth: one consultancy estimates tokenized RWAs could reach $16 trillion by 2030, while another bank has published a scenario of up to $30 trillion by 2034 as regulated issuance expands.

China’s new-energy mobility sector is a leading candidate for tokenization. About 16.5 million new-energy vehicles were sold in China in 2025, representing more than half of domestic new car sales and roughly 70% of global NEV sales. Charging infrastructure grew in step with the fleet: China reported more than 19 million charging points by late 2025, an increase of over 50% year on year. The domestic charging market is estimated at more than $25 billion and has been expanding at double-digit rates.

Charging stations and related infrastructure are capital-intensive and often produce recurring cash flows, characteristics the advisory teams say align with issuance of regulated digital securities. By linking economic rights in assets to regulated tokens, issuers aim to broaden investor access and introduce liquidity to holdings that have been largely illiquid.

Kevin Yunai, founder and CEO of RWA Global, described the engagement as an effort to create a transparent connection between international capital and Chinese real-world assets and added: “China’s new-energy economy is among the most dynamic in the world, yet global investors have had few compliant ways to participate in it. Tokenization changes that. We believe it can open the door to a pipeline of opportunities measured in billions.”

RWA Global said the advisory work will focus on legal and regulatory design, investor qualification and the mechanics of issuing regulated digital securities tied to onshore infrastructure.