Binance’s CZ Says Tokenization to Drive Crypto Growth, Calls on Hong Kong to Act Fast

• CZ says tokenization and Bitcoin treasuries could unlock trillions in capital for crypto.
• He urges Hong Kong to broaden crypto trading options and act faster on regulation.
• Risks remain as volatility and cautious regulatory approaches challenge growth.

Binance founder Changpeng “CZ” Zhao said tokenization and public-company Bitcoin treasuries are creating new opportunities for the crypto industry. Meanwhile, he warned that risks remain. 

Speaking at the Bitcoin Asia Conference, CZ said the expansion of exchange-traded funds (ETFs) and tokenized real-world assets could unlock “trillions of dollars” from global equity markets.

“Equity markets now have access to crypto, and we’re bringing real-world assets into crypto. This is fantastic,” Zhao said. He pointed to tokenization of U.S. Treasury bills, real estate, commodities, and even income streams as examples of how capital is flowing into the sector.

Related: CZ Says Governments Are Buying Bitcoin as Breakout Signals Major Rally Ahead

Similarly, Zhao believes Bitcoin could eventually become the world’s reserve currency. He cited its transparency, security, and increasing adoption as signs …

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