CZ Concedes Underestimating Real-World Asset Tokenization Boom

Binance's CZ Admits Underestimating Growth of Real-World Assets

Changpeng Zhao, Binance's founder, recently acknowledged that he underestimated the rapid growth of real-world asset tokenization and stablecoins. In an interview with Wu Blockchain, CZ revealed that the tokenized RWA market has surpassed $29 to $33 billion by mid-2026, with tokenized US Treasuries accounting for over $13 billion of this total.

The stablecoin market has also seen significant growth, exceeding $320 billion. CZ described his surprise at RWAs becoming 'quite big' and stated that he hadn't anticipated this scale of growth when looking at the landscape around early 2025.

CZ's views have shifted from mea culpa to evangelist, with him now actively championing the tokenization of securities as a leading direction for Web3. He encouraged the idea of 'tokenizing everything' to enhance global access to financial products.