CZ Advocates for Tokenization Across All Blockchains to Attract Foreign Investment

iconKuCoinFlash
Share
AI summary iconSummary
Binance news: CZ promotes tokenization across all blockchains to attract foreign investment, calling it a top method for countries to raise capital. He urged the tokenization of all assets, including stocks, for global sales. CZ warned of liquidity fragmentation but said high interoperability can help. RWA news: BNB Chain now has 776,000 real-world asset (RWA) holders, a 370% increase in 30 days.

Odaily Planet Daily reports: CZ posted on X that tokenization is one of the best ways for countries to raise funds or attract foreign direct investment, and he called for "tokenizing everything." He stated that nations or companies can sell tokenized shares globally. CZ supports tokenization across all blockchains and acknowledged that this approach can lead to liquidity fragmentation; however, this fragmentation can be mitigated to some extent if high interoperability is achieved between different issuers.

CZ also shared BNB Chain data, showing that the number of RWA holders on BNB Chain has reached 776,000, representing a 370% increase over the past 30 days.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.