CZ Advocates for Widespread Tokenization to Attract Foreign Investment

Binance founder Changpeng Zhao (CZ) has suggested that countries and companies should 'tokenize everything' to attract foreign direct investment. In a post on X, CZ argued that tokenization can help raise capital by offering digital representations of assets to global investors.

CZ believes that issuing tokenized assets across every blockchain would be the fastest way to expand the sector. He acknowledged that this approach could create fragmented liquidity but supported parallel development as a necessary step for growth.

Tokenization converts ownership rights or economic claims into blockchain-based units, making an asset accessible through digital platforms. However, issuers must still address securities laws, custody, investor verification, disclosures, and ownership rights when tokenizing shares or other assets.

CZ's comments followed a $BNB Chain statement that the network had reached approximately 776,000 holders of tokenized real-world assets, up about 370% over 30 days. The platform listed $5.8 billion in distributed asset value and 1,284 assets.