CZ Advocates for Widespread Tokenization of Assets

Binance founder Changpeng Zhao believes that tokenizing assets is the key to attracting foreign direct investment and raising capital. He suggests that countries should tokenize everything, making their assets accessible to global investors through digital platforms.

CZ acknowledges that issuing tokenized assets on multiple blockchains may lead to fragmentation of market liquidity, but he argues that greater interchangeability between issuers can reduce this issue.

BNB Chain has reported a significant increase in the number of holders of tokenized real-world assets, with 776,000 RWA holders as of August 19, representing an increase of 370% over 30 days.