CZ Seeks Tokenization Across Blockchains to Unlock Global Markets

Binance founder Changpeng 'CZ' Zhao is pushing for broader tokenization across multiple blockchains, arguing it could help countries raise capital or attract foreign direct investment by making assets available to investors worldwide.

Tokenization has accelerated across blockchain networks, with BNB Chain reporting a surge in real-world asset holders - up 370% in just 30 days, reaching over 776,000 users. The total value of distributed tokenized assets also rose to $38.40 billion, an increase of 2.26%.

CZ emphasized that tokenization could help create global markets on-chain, with longer trading hours and deeper liquidity. However, he acknowledged the challenges posed by fragmented liquidity and U.S. regulation, which currently prevents tokenized stocks from being approved in the country.