CZ: Tokenize Everything to Attract Foreign Investment

Binance founder Changpeng Zhao (CZ) has suggested that countries can use tokenization to attract foreign investment and raise capital. He posted on X that governments and companies have reasons to sell tokenized shares to buyers worldwide.

Tokenization turns ownership of an asset into a digital unit that lives on a blockchain, allowing shares, bonds, funds, property, and commodities to be represented this way.

CZ argued that tokenization could help draw in foreign direct investment (FDI), which usually means a foreign investor takes a lasting stake and holds at least 10% of a company's voting power. He also supported putting tokenized assets on many different blockchains rather than picking just one, citing the need for strong interchangeability between issuers to ease technical and custody risks.

BNB Chain reported that it has reached about 776,000 holders of tokenized real-world assets, a rise of close to 370% over the past 30 days. Tokenized shares still fall under the same legal rules as regular securities, with the U.S. Securities and Exchange Commission confirming in January that stocks and bonds do not lose their legal status just because they sit on a blockchain.