Binance Co-Founder Zhao Discusses Asset Tokenization

Binance co-founder Changpeng Zhao stated that he is in discussions with "likely a dozen" governments regarding asset tokenization. Zhao emphasized the importance of digitizing assets, noting that these processes require broader adoption and regulation.

Tokenization refers to the representation of physical assets through digital tokens. This attention has led many governments to increase their efforts to become more involved in the digital asset market. Zhao stated that most of his discussions are focused on creating regulatory frameworks and international cooperation.