About Us
The Hong Kong RWA Research Institute is a specialized institution focused on the research and education of Real World Asset (RWA) tokenization. Jointly established by Raffles Capital of Singapore and the Hong Kong Institute of Business Administration, we combine strengths in capital operations and academic research to advance the practical application of blockchain and Web 3.0 technologies in finance and industry.




Raffles Capital Singapore
An international capital advisory firm dedicated to innovation in tokenized finance.
Hong Kong Institute of Business Administration
A professional educational institution accredited by international financial certification bodies.


Mission
We are committed to becoming Asia’s leading platform for RWA education and research—empowering enterprises to achieve asset digitization and financing innovation, driving the digital transformation of the real economy, and cultivating high-level interdisciplinary talent for the Web 3.0 era.
Core Philosophy
We uphold the principles of “Technology-Driven, Compliance-First, and Value-Oriented,” aiming to cultivate globally competitive RWA professionals and provide sustained momentum for advancing asset digitization in the Web 3.0 era.




Tokenization and Compliance Frameworks
Exploring tokenization pathways for assets such as real estate, bonds, and intellectual property, while developing compliance solutions across multiple jurisdictions.
Digitalization and Financing Innovation for SMEs' Assets
Asset Digitalization and Financing Innovation for Small and Medium Enterprises (SMEs)
Research on Underlying Blockchain Technologies
In-depth research on consensus mechanisms, smart contracts, and distributed ledgers to enhance the performance and security of RWA platforms.
Core Research Focus
We are dedicated to becoming Asia’s leading platform for RWA education and research—supporting enterprises in achieving asset digitization and financing innovation, driving the digital transformation of the real economy, and cultivating top-tier interdisciplinary talent for the Web 3.0 era.
Our Strengths
We are committed to becoming Asia’s leading platform for RWA education and research—supporting enterprises in achieving asset digitization and financing innovation, driving the digital transformation of the real economy, and cultivating top-tier interdisciplinary talent for the Web 3.0 era.


Industry-Academia Integration Platform
Practice-Oriented Curriculum
Partnering with universities and enterprises to establish forward-looking research and practical training bases.
Offering hands-on training and certification programs tailored for corporate executives and technical professionals.
Global Perspective, Local Implementation
Based in Hong Kong, connecting Singapore and the Greater Bay Area to serve both local and global markets.




Chng Hee Kok




Our Team
The Hong Kong RWA Research Institute brings together leading experts from blockchain, finance, law, and education, forming an interdisciplinary team with global perspective and local expertise. We believe that the future of RWA depends on strong technical capabilities, rigorous compliance awareness, and outstanding business acumen.
Member of the Advisory Board
Founder and Director
Charlie In has more than 40 years of business experience and spent the last 25 years providing investment and private banking advisory services in China. He has invested and listed many PRC companies outside China. Charlie was advisor to AXA, BASF, Citibank, DBS, Hilton, IBM, Microsoft, Motorola, Siemens, Volvo.
He was Chairman of several public-listed companies listed on the ASX and SGX. He was the Chairman of Direct Marketing Association of Singapore, advisor to Asia Pacific Management Institute and the People's Association of Singapore.
He was an adjunct faculty member of Singapore Institute of Management for 20 years and 17 years at University of South Australia. He has taught MBA classes at China’s JiaoTong, RenMin, Beijing and Tsinghua universities.
Charlie won the 2010 Big Ben Golden Mulberry Award as the Most Respected Financial Writer for his "Family Financial Freedom" book published by Tsinghua University Press. His “The A to Z of Achieving Abundance For Financial Freedom” book hit the China top selling chart in 2017.
Charlie holds a marketing diploma from the UK Chartered Institute of Marketing, MBA from University of East Asia, Macau and post-graduate qualification from ADMA/Macquarie University of Australia.
He is now chairman of Raffles Capital Limited which is the key shareholder of Raffles Financial Group (listed on Canadian Securities Exchange), Victoria EAM & Insurance, Boustead Apex Inc and several private/public-listed companies.
Dr. Charlie IN
Dr Marcuz Tan has over 25 years of international business development experience in the TMT sector, driving growth across Asia, the US, and Europe for companies such as Travelocity, Nokia, and PubMatic. Skilled in sales, marketing, and cross‑cultural team leadership, he has led financing rounds, M&A, and IPO strategies, consistently delivering strong business growth.
Dr. Marcuz Tan
Angela Ye
Angela has over 23 years of financial management experience, including 15 years as CFO of a leading Indonesian conglomerate. She specializes in cross‑border financing, IPO advisory, and corporate governance, having guided multiple Asian companies to successful Nasdaq and NYSE listings.
Mr. Chng, a former Singapore Member of Parliament with 17 years of service, has led multiple listed companies in Malaysia, Singapore, and Hong Kong across diverse sectors including chemicals, manufacturing, hospitality, property, shipping, and entertainment. He is highly experienced in capital markets, corporate finance, and listed company governance, and has held key roles on government boards and the Singapore Institute of Directors. He now focuses on green mobility energy ventures and global talent and technology transformation initiatives.