WORK Medical goes into tactical collaborations in quote to check out RWA efforts

Secret Takeaways:

• WORK Medical has actually formed a brand-new alliance with the Hong Kong Web3.0 Standardization Association and was designated as the company’s “council vice chairman.”
• The business has actually likewise participated in a cooperation with Ruijin Hospital’s Wuxi Branch to speed up the advancement of a next-generation, AI-driven clever medical community

HONG KONG, Sep 24, 2025 – (ACN Newswire)— Hong Kong started a brand-new period in its welcome of virtual properties on Aug. 1 with the main launch of a regulative and licensing structure for virtual currencies referred to as stablecoins. A consistent stream of Chinese business has actually started exploring in the city with virtual possessions and their hidden blockchain innovation ever since, covering a vast array of markets.

Medical items seller WORK Medical Technology Group Ltd. (WOK.US)ended up being the most recent to sign up with that parade, as it revealed a significant brand-new effort to check out real life possession (RWA) tokenization and associated blockchain innovation in a collaboration with the Hong Kong Web3.0 Standardization Association, which promotes the premium advancement of the worldwide Web3.0 market through standardization research study and efforts.

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The offer comes simply over a year after WORK Medical noted on the Nasdaq, and belongs to the business’s developing”Healthcare + Payment + Technology = RWA + Web3 + AI”technique. WORK Medical likewise prepares to tactically team up with several certified companies from the monetary sector, which would offer a crucial compliance channel for its property tokenization aspirations.

Tokenized RWA, or real-world possessions with worth that have actually been digitalized, is predicted to rise to over $50 billion by the end of this year, according to a report released in May by digital currency market-making company Keyrock and tokenization platform Centrifuge. The report likewise mentioned that tokenized RWA will be controlled by U.S. treasuries, whose worth alone will press the sector size to over $28 billion.

3 locations for cooperation

WORK Medical set out 3 primary locations for partnership with its brand-new Hong Kong partner. The very first location includes the tokenization of “premium properties owned or purchased by WORK Medical,” the business stated. It explained it can take advantage of both its status as a Nasdaq-listed business, in addition to its know-how and possessions connected to its medical gadget company, consisting of AI health care properties. It wasn’t more particular, however properties it might most likely tokenize may include its receivables, financial investment items and copyright.

The 2nd location WORK Medical’s brand-new collaboration will check out is equity financial investments, which might consist of co-investments or involvement in funds and other monetary automobiles to accelerate its relocation into RWA for possible tokenization and attain shared tactical objectives.

The 3rd location includes advancement of RWA innovation, which would take advantage of the Hong Kong Web30 Association’s just recently released RWA registration platform. That platform helps with partnership on a variety of associated functions, consisting of blockchain-based title confirmation, property issuance, and cross-chain deals, while guaranteeing regulative compliance and possession security.

The business’s current activities show it is currently collecting the know-how to establish and handle such properties. In February, it revealed a collaboration with another medical gadget business that consisted of the possible facility of “joint mutual fund to line up commercial and funds.” It stated that collaboration might likewise include financial investment in health care facilities, advancement of sophisticated innovations and worldwide acquisitions.

WORK Medical’s brand-new collaboration puts it at the head of a nascent however quickly growing wave of Chinese business trying to find brand-new company chances in the fast-emerging organization of digitalized RWAs. Any business owning or having rights to RWAs, both their own and properties owned by others, can technically get in the area.

Structure clever medical community

On Monday, WORK Medical likewise revealed another brand-new collaboration with the Wuxi Branch of the Ruijin Hospital-Shanghai Jiao Tong University School of Medicine. Under the collaboration, WORK Medical will support Xin Rui Hospital’s efforts to advance health center informatization. It will likewise help in efforts to incorporate AI with the healthcare facility’s multimodal medical information, such as text, imaging, and laboratory outcomes.

https://www.globenewswire.com/news-release/2025/09/22/3153945/0/en/WORK-Medical-Technology-Group-LTD-Partners-with-Wuxi-Branch-of-Ruijin-Hospital-Shanghai-Jiao-Tong-University-School-of-Medicine-to-Develop-AI-Applications-in-Healthcare.html

The 2 sides prepare to improve WORK Medical’s multimodal AI services from single-image to intricate information types by leveraging Xin Rui Hospital’s medical and professional resources. The partnership intends to establish AI designs for varied health care circumstances, developing a structure for information governance, design training, and scientific translation.

WORK Medical Chairman and CEO Wu Shuang stated the 2 brand-new collaborations — with the Hong Kong Web3.0 Standardization Association for RWA development and with Xin Rui Hospital for AI-driven health care — are tactical relocations focused on opening brand-new development opportunities and constructing long-lasting worth.

The business’s inaugural yearly incomes report for its through September 2024, provided previously this year, likewise includes tips that it was meddling monetary markets, not just through its IPO however likewise through other investing activities, in the year before its listing.

https://www.prnewswire.com/news-releases/work-medical-technology-group-ltd-reports-financial-results-for-fiscal-year-2024-302377075.html

WORK Medical’s brand-new alliance might take it in a totally brand-new instructions from its core company of producing and offering masks and other medical items like artery compression tourniquets. As the Covid pandemic declined and need for masks decreased, causing falling rates, the business’s earnings from its mask organization fell 69% in its through September 2024 to $1.6 million from $5.1 million the previous year. That was partially balanced out by an 18% boost in its income for other medical gadgets, which increased to $9.4 million from $8 million.

Its newest monetary report likewise reveals that WORK Medical has actually taken part in products trading, which produced $400,000 in earnings in its newest through September 2024. The business likewise obtained a large $15.7 million in money from funding activities for the , up greatly from a year previously and higher than the $11.5 million in profits it created from sales of its core medical items for the year.

In the financing sector, supply chain investor Linklogis late last month likewise formed a collaboration with XRP Ledger, the company managing the ripple cryptocurrency, targeted at checking out the digitalization and tokenization of RWA.