Binance co-founder Zhao in talks with ‘probably a dozen’ governments on asset tokenization

Binance co-founder and former CEO Changpeng Zhao told a panel at the World Economic Forum in Davos that he’s in talks with “probably a dozen governments” about tokenizing their assets. Though he didn’t name specific countries or assets, the concept could allow governments to raise funds by offering small portions of state-owned assets to citizens or investors, similar to how some nations have sold stakes in national oil or telecom firms. Tokenization involves turning real-world assets, like real estate, ...