Launch AnnouncementAug 10, 20258 min read

EVOLVE Debuts A Unique Multi-Asset RWA Project Backed by Institutional Titans

By EVOLVE RWA Team
EVOLVE Debuts A Unique Multi-Asset RWA Project Backed by Institutional Titans

Bangkok, Thailand – August 7, 2025 At the event "Curating Alpha: Intelligent RWA around the globe" in Bangkok yesterday, CMAG Funds, Mile Green, Amber Premium (NASDAQ: AMBR) and Jovay (Layer 2 by Ant Digital Technologies) alongside a consortium of seasoned institutional veterans jointly unveiled EVOLVE RWA, a breakthrough tokenized multi-asset Real World Asset (RWA) initiative bridging electric vehicle (EV) ecosystem, green energy and real estate.

EVOLVE RWA ushers in a new era of tokenized asset innovation by transforming traditionally passive capital into actively managed, liquid and technology-driven portfolios with seamless global capital mobility across traditional finance (TradFi) and decentralized finance (DeFi). Targeting high-growth corridors around the globe—starting from Southeast Asia—EVOLVE tokenizes a carefully curated and diversified portfolio comprising income-generating EV ecosystem and real estate, undervalued and special situation assets.

By enabling fractionalized ownership, EVOLVE lowers traditional entry barriers and opens access to previously inaccessible real-world assets to a larger group of investors. Its dual return model combines stable yields from operating cash inflows with potential to capture asset value upside, effectively mobilizing capital across the Web2 and Web3 spaces.

Led by CMAG Funds (spearheaded by SFC-licensed Wonder Capital Group and Chatchaval Jiaravanon, a key CP family member and owner of FORTUNE Media) and Mile Green, a sustainable energy solution provider dual-headquartered in Hong Kong and Thailand, EVOLVE unites a consortium of professional veterans and strategic partners from the Web2 and Web3 ecosystems.

Wayne Huo, Co-Founder and CEO of Amber Premium, commented, "We're proud to be a part of EVOLVE, joining members from the Web2 and Web3 ecosystem to unlock real-world asset access and unleash new investment potential by delivering our secure, innovative solutions alongside exclusive distribution channels for investors in the region and beyond."

Dennis Zhang, Global Head of RWA of Ant Digital Technologies, added, "This will be a remarkable milestone – our recent launch of Jovay will be a perfect solution for EVOLVE. We look forward to partnering with the leading firms to cultivate innovation in the RWA space."

Unlike typical single-asset tokenized projects, EVOLVE offers a multi-asset portfolio blending stable income with value-generating returns. This comprises EV and EV-charging income, real estate rental and interest income providing predictable yields, as well as special-situation and distressed assets offering potential upside. The convergence of green energy and real estate, together with ESG-led value enhancement initiatives, creates significant growth prospects.

At its core, EVOLVE features an integrated, stablecoin-based architecture designed to enable seamless and borderless capital deployment and transaction flows. Leveraging multi-fiat pegged stablecoins, the platform accelerates financing for asset acquisitions and EV infrastructure rollouts, enabling instant and multi-national settlements.

"Stablecoin evolvement is a catalyst to fascinate the development of RWA around the globe. Lightnet, one of our group companies has already demonstrated a swift conversion of stablecoin to-and-from fiat across Southeast Asia. We look forward to working together with the Hong Kong stablecoin issuers and operators to replicate our pioneer advantage and success", Chatchaval Jiaravanon, Chairman of Lightnet, Founding Partner of CMAG Funds and Owner of FORTUNE Magazine said.

With a robust regulatory regime for stablecoin and crypto now firming up in Hong Kong, and strategic partners spanning the region and the global Web3 ecosystem, EVOLVE is setting a new standard for accessing, managing, and scaling real-world assets worldwide.

Gigi Chan, Founder and CEO of Wonder Capital Group and Founding Partner of CMAG Funds, stated, "As the convergence of real-world infrastructure and blockchain finance accelerates, EVOLVE provides a scalable and interoperable tool to mobilize, allocate, and grow capital for both TradFi and DeFi market players globally. Coming from a TradFi background, I'm excited to witness the real and virtual worlds merge through initiatives like EVOLVE."

Key Highlights

  • Multi-asset RWA tokenization across EV, green energy, and real estate sectors
  • Backed by institutional consortium including NASDAQ-listed Amber Premium
  • Partnership with Jovay's Layer 2 technology by Ant Digital Technologies
  • Led by CMAG Funds with Wonder Capital Group and Chatchaval Jiaravanon
  • Integrated stablecoin-based architecture for seamless global settlements
  • Targeting high-growth corridors starting from Southeast Asia
  • Dual return model combining stable yields with asset value upside

EVOLVE is the world-first unique RWA project integrating income and value-generating EV ecosystem, real estate and clean energy through tokenization. Following our successful pilot launch on Collaterize showcased in the event, we are joining forces with the market-leading partners to maximize synergy and impact.

Maverick Hui- Founder and Executive Chairman of Mile Green & EVOLVE

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