Zhao Advocates for Tokenizing All Assets Including Stocks

Binance co-founder Changpeng Zhao is advocating for the tokenization of all assets, including stocks. He believes this could help countries and companies raise capital and attract foreign direct investment.

In a recent post on X (formerly Twitter), Zhao called for tokenization, stating 'Let's tokenize everything.' He thinks it's one of the best ways to raise funds or attract investment from abroad.

Zhao emphasizes that countries should not limit tokenization to specific networks, but rather allow it across multiple blockchains. This could accelerate industry growth, as multiple issuers and blockchains expanding at the same time would increase market potential.

However, Zhao also cautions that spreading assets across various blockchains and issuers might lead to fragmented trading liquidity. To address this issue, he suggests increasing interoperability among tokenized assets issued by different firms.