CZ Touts Tokenization for Global FDI Attraction

CZ, a prominent figure in the crypto space, has emphasized the potential of tokenization to attract foreign direct investment (FDI) across various blockchains. According to CZ, nations can benefit from selling tokenized stocks globally, which would help increase FDI.

The growth and adoption of BNB Chain's RWA tokenization have accelerated significantly, with a 370% jump in holders within a 30-day period. This impressive growth is building on the chain's $3 billion total value locked (TVL) milestone reached earlier this year after adding $1 billion in Q1.

The price action of BNB on the 4-hour chart indicates a bullish structure, with the EMA50 and EMA200 serving as support. However, the RSI(14) is at 87.15, signaling overbought conditions, while the MACD confirms a golden cross. The pair is trading near the upper Bollinger resistance at $661.92.