CZ Sees Tokenization as Key to Global 24/7 Markets
Binance founder Changpeng Zhao says tokenization could bring 24/7 global markets on-chain, but fragmented liquidity and U.S. regulation remain key barriers for traders.
In an effort to expand trading opportunities, CZ is calling for broader tokenization across multiple blockchains. This would allow countries and companies to make assets available to investors worldwide, rather than relying solely on traditional market hours and settlement infrastructure.
The growth of real-world asset holders on BNB Chain has been significant, with 776,000 users in just 30 days, a 370% increase. Distributed value in tokenized real-world assets reached $38.40 billion, up by 2.26% over the same period.
Tokenization could help countries raise capital or attract foreign direct investment by making assets available to investors worldwide. However, CZ acknowledged that spreading tokenization across multiple blockchains could divide liquidity and increase operational costs.