ChainCatcher reports that NFKings, a Web3 startup supported by Binance Labs' YZi Labs investment arm, plans to launch a new RWA protocol ecosystem. Founded in 2021 by Matthew Lim and Mario Ho, NFKings has received backing from several well-known funds and institutions, including YZi Labs (Binance Labs), Vertex China, Team Holding, Mirana Ventures, Ventech, The Brooker Group, and the founder of PopMart. The company independently developed the ONA Protocol as its core protocol, building infrastructure and tools that connect Web2 and Web3, as well as online and offline worlds, enabling cross-sector value creation. The protocol comprises three core pillars: Proof of Contribution, Non-Fungible Real-World Asset Protocol, and the social e-commerce metaverse platform, The Boxx.