Ensuring the Lawful Development of Web3.0 in China
Amid the wave of deep integration between digital finance and blockchain technology,AlloyX and Mankun Law Firm have formally entered into a strategic cooperation. The two parties will engage in in-depth collaboration in areas such as stablecoin payments, asset tokenization (RWA) and cross-border digital finance compliance, jointly promoting a virtuous balance between technological innovation and compliance development within the Web3.0 industry.
This cooperation is guided by the core philosophy of"Technology Empowerment + Compliance Safeguards". As a digital finance platform specializing in global stablecoin payments and the tokenization of real-world assets (RWA), AlloyX is committed to the deep integration of traditional financial infrastructure with blockchain systems,having accumulated extensive experience in stablecoin payments, cross-border clearing, on-chain RWA issuance, and digital asset custody.Mankun Law Firm haslong been dedicated to the fields of Web3.0, blockchain, and digital asset compliance, possessing systematic capabilities in legal structure design, regulatory policy research, and cross-border compliance practice. Taking this cooperation as an opportunity, both parties will focus on directions such as stablecoins, real-world assets (RWA), and cross-border digital finance compliance,Establish a dual-engine collaboration mechanism driven by both technology and law, to promote the steady development of Web3.0 financial innovation within an institutional framework.
In the future, both parties will jointly initiate policy research, industry seminars, and compliance education activities, jointly exploring regulatory alignment mechanisms for stablecoins and real-world assets (RWA). Through institutionalized pathways and professional expertise, they aim to build a secure, trustworthy, and transparent digital finance ecosystem, empowering innovation with confidence and infusing compliance with greater empathy.
"We are delighted to enter into a strategic partnership with AlloyX, which has deep expertise in the fields of stablecoins and asset tokenization."Mr. Liu Honglin, Managing Partner of Mankun Law Firm,stated, "Mankun lawyers are committed to finding a balance for clients between Web3.0 industry innovation and legal compliance, providing robust, sustainable, and practical legal support for the digital finance ecosystem. Through this collaboration, we will fully integrate AlloyX's professional capabilities in stablecoin and RWA technical systems with Mankun's practical experience in cross-border regulation and compliance architecture design. Together, we will promote the development of the Web3.0 financial system towards greater security, institutionalization, and internationalization, assisting clients in advancing steadily on a lawful and compliant track."
Dr. Zhu Haokang, Co-founder and CEO of Huaying Group's AlloyX,stated: "Tokenization only holds true significance when it is compliant, auditable, and capable of serving everyday financial activities. The collaboration with Mankun will more closely integrate AlloyX's engineering capabilities with the institutional design of legal compliance, accelerating the transition of stablecoins and RWAs from proof-of-concept to scaled application."
About Mankun
Founded in 2015, Mankun Law Firm is a boutique law firm in China specializing in the new economy and deeply engaged in the blockchain industry. Members of the Mankun team possess unique and diverse industry backgrounds, hailing from renowned legal service institutions, national judicial authorities, internet technology companies, crypto asset institutions, and blockchain industry think tanks.
Leveraging a profound understanding of the new economy sector, continuous attention to and research on policies and regulations, and extensive practical experience, the Mankun team excels at providing comprehensive legal services from the perspectives of business models and legal practice. These services include business architecture design, project financing and investment, transaction planning, operational compliance, resolution of complex civil and commercial disputes, prevention and control of criminal risks, and criminal defense for new economy enterprises in sectors such as Web3.0, blockchain, NFTs, digital collectibles, the metaverse, and GameFi.
Mankun Law Firm is headquartered in Shanghai, with offices in Hong Kong (China), Shenzhen, Hangzhou, and other locations. To meet the global compliance development needs of Web3.0 industry clients, Mankun has established local offices in major global crypto-financial cities and selected local professional blockchain service partners, providing clients with professional legal and compliance services that combine global breadth with Chinese depth.
About AlloyX
Huaying Group’s AlloyX (U.S. stock ticker: AXG) is a fintech company focused on global stablecoin payments and asset tokenization. It is committed to integrating traditional brokerage and banking payment services with blockchain technology to provide secure and efficient solutions for stablecoin payments, investment, and asset tokenization. The company is backed by several renowned institutional investors and aims to become a leading global digital finance platform.
