According to TechFlame, according to Zhitong Finance, as the only strategic partner of the Hong Kong Web3.0 Standardization Association in mainland China, Shenzhen Longgang District Data Co., Ltd. signed a strategic cooperation agreement with the Association to deeply participate in the ecosystem construction of the world's first RWA asset registration platform released by the Association in Hong Kong on August 7. The two sides plan to jointly establish a mechanism for mutual recognition of cross-border data compliance, create a full-cycle service platform covering asset authorization, trustworthy storage and compliance circulation, and rely on the “Shenzhen Industrial Foundation + Hong Kong International Hub” to explore the “Digitization of Mainland Assets, Digital Financialization of Hong Kong, and Compliance in Global Circulation” models to support domestic and international dual cycles.