CZ Wants Countries to Tokenize Assets, But There’s A Catch

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CZ (Changpeng Zhao), founder of Binance, advocates for countries to tokenize assets to raise money and attract foreign direct investment. The value of distributed assets (tokenized real-world assets) now stands at $38.40 billion, up 2.16% in 30 days, according to RWA.xyz. The number of holders surged 79.74% to 2,379,918. However, CZ acknowledges that a multi-chain approach can fragment liquidity, a risk also flagged by Clearstream, DTCC, and Euroclear in a joint paper with Boston Consulting Group.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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