BNB Chain Surges to Tokenization Lead, CZ Calls for 'Tokenize Everything'

BNB Chain has taken the lead in tokenized assets, outpacing other chains like Robinhood and Solana. In the past 30 days alone, users of BNB Chain have increased by a staggering 320%, with the network on track to reach 800K users.

This growth has put it at the top in terms of RWA (real-world asset) tokenization, according to recent data from RWA. Binance exchange founder Changpeng Zhao, or CZ, has responded to this news by calling for more countries to 'tokenize everything.'

CZ believes that tokenization is an effective way for countries to raise money and attract foreign direct investment (FDI). However, he also acknowledges the risk of liquidity fragmentation, which can be mitigated if there is interoperability between different issuers.

The BNB Chain currently holds $884M in tokenized stocks, surpassing Ethereum's $683M. Canton dominated the RWA tokenization segment with a 79% market share and generated $11M in revenue over the past seven days. In contrast, BNB Chain earned $4.5M in the same period.