Ch’ng Li-Ling and Tan Chong Huat

BOTH WRITERS ARE FROM RHTLAW ASIA LLP. CH’NG LI-LING HEADS THE FINANCIAL SERVICES (REGULATORY) PRACTICE AND SUSTAINABILITY PRACTICE, AND TAN CHONG HUAT IS SENIOR PARTNER.

The on-chain RWA market has grown from around US$5 billion in 2022 to more than US$30 billion by Q3 2025.

Why the regulatory architecture of real-world asset tokenisation matters

The challenge to institutional adoption is legal rather than technological

An oil palm plantation in South Sumatra. South-east Asia's carbon markets have grown, but at an uneven pace.

South-east Asia’s emerging carbon markets could be Singapore’s defining opportunity

Republic’s legal system, regulatory clarity and international credibility can help drive the action and architecture needed for the region’s carbon future