CZ: Asset Tokenization Is Exporting U.S. Capital Markets to Blockchain

Huo Xing Finance reports that on October 27, CZ appeared at Nasdaq yesterday to ring the bell for BNB Standard, the treasury company for BNB. He subsequently gave an interview with @andyyy, host of the prominent crypto blog The Rollup. CZ stated, “Blockchain is just a technology and should be adopted by traditional finance and any financial participant.” Regarding asset tokenization, he defined it as “exporting the U.S. capital markets onto the blockchain. It’s not about replacing the existing system, but about making it easier for the entire world to access high-quality U.S. assets and markets.” Addressing recent resistance to stock tokenization, CZ emphasized that tokenization is inevitably a gradual and lengthy process. “As more people hold and use tokenized stocks, their value will ultimately be realized.”