CZ says tokenization is one of the best ways for countries to attract foreign capital

Changpeng Zhao, widely known as CZ, said in a post on X that he supports putting "everything" on-chain through tokenization. He described tokenization as one of the best ways for countries to raise funds or attract foreign direct investment, arguing that governments and companies would naturally want to sell tokenized shares to a global investor base. Zhao also said he supports tokenization across all blockchains rather than limiting issuance to a single network. At the same time, he acknowledged that such an approach could create fragmented liquidity. Even so, he said this remains one of the fastest ways to grow the industry because it allows multiple participants to push adoption at the same time. Zhao added that the fragmentation problem could be eased to some extent if assets issued by different issuers become highly fungible with one another.