Binance CEO Richard Teng said at Token2049 that demand for tokenized stocks and private market products is substantial, pointing to clear interest in bringing more traditional assets on-chain. He also said some parts of the private market are still being held back by poor information flow, which remains a barrier to development.
The remarks were reported by BlockBeats on Oct. 8. Teng’s comments drew a distinction between demand and market structure: while appetite for these products is strong, information inefficiencies continue to limit progress in certain private market segments. The statement did not include additional details on specific products, issuers, or timelines.
Binance CEO Richard Teng said at Token2049 on Oct. 8 that demand for tokenized stocks and private market products is huge.
He added that poor information flow is still holding back the development of some private markets.
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