Binance founder Changpeng Zhao called for “tokenizing everything,” arguing that tokenization is one of the best ways for countries to raise capital or attract foreign direct investment. In his post, Zhao asked which country or company would not want to sell its tokenized stock to a global market, framing tokenization as a cross-border funding tool with broad appeal. He said he supports tokenization on all blockchains, even though that approach can create liquidity fragmentation. Zhao added that fragmentation could be eased to some extent if issuers achieve a high degree of fungibility across products. He also reposted data from BNB Chain showing that the number of RWA holders on the network had reached 776,000, up about 370% over the past 30 days. The comments and data point together to Zhao’s view that wider token issuance and broader blockchain participation can help speed up the sector’s development, while interoperability between issuers may reduce some of the market structure issues that come with expansion.
Binance founder Changpeng Zhao called for 「tokenizing everything」 in a post, saying tokenization is one of the best ways for countries to 「raise funds」 or attract foreign direct investment.
Zhao wrote, 「What country or company would not want to sell its tokenized stock to the world?」 He said he supports tokenization across all blockchains. On liquidity fragmentation, Zhao said the issue would exist, but added that this is also the fastest way to grow the industry. He said fragmentation could be addressed to some extent if different issuers can achieve a high degree of fungibility.
BNB Chain data reposted by Zhao
Zhao also reposted data from BNB Chain. The figures show that the number of RWA holders on BNB Chain has reached 776,000, with growth of about 370% over the past 30 days.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.