Ensuring the lawful development of Web3 in China.
Recently, Mankun Law Firm, as a professional legal institution, was invited to contribute to the research report “Digital Assets Outlook 2026” published by Animoca Brands, and was formally included and cited on pages 23–24 of the report.
This inclusion marks the high recognition of Mankun’s professional capabilities in the fields of crypto assets, Web3 compliance, and fintech by the international digital asset ecosystem.
Animoca Brands is a highly influential global blockchain and digital assets company. Its research team regularly publishes trend reports targeted at global institutional investors, corporate management, and professional service providers. The Digital Assets Outlook 2026 aggregates insights from more than 60 institutions and experts worldwide, systematically analyzing ten major industry trends, including key topics such as the integration of off-chain and on-chain activities, the scaling of stablecoins, the tokenization of real-world assets (RWA), and new scenarios for crypto payments.
In the report, Dr. Bai Zhen, Compliance Counsel at Mankun, shared profound insights into the practical challenges of integrating crypto assets with fiat currencies and the development path for the tokenization of real-world assets (RWA). She pointed out that fragmented global regulation and the “de-risking” practices of traditional banks constitute the main bottlenecks to bringing funds on-chain, while on-chain compliance also faces challenges such as difficulties in implementing the Travel Rule and high monitoring costs. Meanwhile, although RWA tokenization has entered the stage of institutional-grade application, its scalability remains constrained by key issues such as inconsistent legal characterization, insufficient cross-chain interoperability, and the lack of liquidity mechanisms.
The insights shared in this report provide the industry with compliance perspectives and pragmatic solutions of practical guidance value, fully demonstrating Mankun’s deep professional expertise and continuous forward-looking insight in the field of crypto asset compliance.
Dr. Bai Zhen and her teamhave long focusedon crypto assets, Web3 project compliance, crypto asset compliance, and the design of cross-border legal structures, forming comprehensive service capabilities in practice, including designing compliant on-chain mechanisms forRWAandNFTprojects, and providingIssuing legal advice on Bitcoin Layer 2 infrastructure, assisting clients in obtaining a Type 9 license from the Hong Kong Securities and Futures Commission(Type 9 License)and establishing limited partnership funds, while achieving multiple breakthrough results in major dispute cases.
Asone of the earliest boutique law firms in China specializing in the Web3 and blockchain sectorsone of the boutique law firms,Mankun Law Firmhas long provided comprehensive legal services to the industry,covering areas such as overseas structuring for blockchain projects, compliance for crypto funds, cross-border legal structure design, corporate Web3 transformation, and resolution of civil and criminal cases involving cryptocurrenciesand other specialized practice areas.
Looking ahead, Mankun will continue to leverage itsIts global footprint and deep local service capabilitiescontinue to empower more Web3 projects and institutional investors to achieve steady growth within compliance frameworks, working alongside industry partners to steer the digital assets sector toward a more standardized and mature future.
How to Access the Report
Click the links below to read the full report and gain in-depth insights from Mankun Law Firm and global experts on the future of digital assets:
📖 Read on Our Website:
https://research.animocabrands.com/post/cmkccqamgjkze06l1rlm6nq2x
📄 Download the Report:
https://docsend.com/view/tif8cn7v3hnzw2uj
About the Research Author
Bai Zhen, Compliance Consultant at Mankun Hong Kong. Dr. Bai has six years of experience in law and compliance, having previously practiced at a major Hong Kong law firm.
He possesses a solid foundation in international law and extensive practical experience in cross-border compliance, dedicated to providing professional and efficient legal services to clients.
Practice Areas: Establishment of cryptocurrency funds, compliance services in the fintech sector, applications for financial licenses, dispute resolution in the financial sector, as well as traditional equity investment financing and token financing.
About Mankun Law Firm
Mankun Law Firm was established in 2015 as a boutique law firm in China dedicated to the Web3 new economy and deeply engaged in the blockchain industry. The Mankun team comprises members with unique and diverse industry backgrounds, hailing from renowned legal service institutions, state judicial organs, internet technology companies, crypto asset institutions, and blockchain industry think tanks.
Leveraging a profound understanding of the new economy, 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 structure 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 enterprises in the new economy sectors such as Web3, blockchain, AI, NFTs, digital collectibles, crypto funds, crypto payments, decentralized finance (DeFi), real-world assets (RWA), and GameFi.
Headquartered in Shanghai, Mankun Law Firm maintains branch offices in Hong Kong (China), Silicon Valley (United States), Shenzhen, Hangzhou, Zhengzhou, and Chengdu. To meet the global compliance development needs of Web3 industry clients, Mankun has established local offices in major global crypto-financial hubs and selected professional local blockchain service partners, thereby delivering legal and compliance services with both global breadth and Chinese depth.
