Binance founder Changpeng Zhao, widely known as CZ, said on Aug. 21 that "everything" should be tokenized, arguing that tokenized assets could become an important tool for countries seeking to raise funds or attract foreign direct investment. In a social media post cited by BlockBeats, CZ said governments and companies both want to sell tokenized stocks to global investors, which he sees as one of the clearest paths for tokenization to scale.
CZ also said he supports pushing tokenization across all blockchains. While acknowledging that a multi-chain setup can create liquidity fragmentation, he said that approach may still be the fastest way to expand the tokenization market because multiple participants can help move the sector forward at the same time. He added that stronger interchangeability across issuers could ease some of the fragmentation, making interoperability a key factor in the market’s future development.
Earlier, BNB Chain said the number of RWA holders on its network had reached 776,000, up about 370% over the past 30 days, putting it among the leaders in the sector.
Binance founder Changpeng Zhao, or CZ, said on Aug. 21 that "everything" should be tokenized, describing asset tokenization as one of the important ways countries can raise funds or attract foreign direct investment, according to BlockBeats.
CZ said governments and companies both want to sell tokenized stocks to global investors. In his view, that gives tokenization a direct role in cross-border capital formation.
He also said he supports advancing tokenization on all blockchains. CZ acknowledged that multi-chain development can create "liquidity fragmentation," but said it may still be the fastest route for rapid market expansion because multiple participants can push the industry ahead together.
CZ added that if there is a high degree of interchangeability between different issuers, some of the liquidity fragmentation could be reduced. He said interoperability will be an important factor in the development of the tokenization market.
Earlier, BNB Chain said the number of RWA holders on the network had reached 776,000, up about 370% over the past 30 days, placing it among the industry leaders.
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