As a Brooklyn-born blockchain architect with MIT training and a skeptic’s edge, I’ve watched this ‘GF Token’ rollout not as innovation—but as institutional theater. Hong Kong’s first RWA token isn’t liberating finance; it’s rebranding legacy systems with crypto glitter. Here’s what they’re not telling you: liquidity isn’t free, custody isn’t decentralized, and SOFR anchors are just Wall Street in wallet form. This isn’t Web3—it’s Web2.1 with better UI.