CandleFocus

BNB Chain Launches New Tokenization Service for RWAs and Businesses

Binance's blockchain ecosystem, BNB Chain, has launched a tokenization portal aimed at real-world assets (RWAs) and private companies. The platform aims to make tokenization more accessible and attract new users to Binance's platform. BNB Chain plans to focus on tokenizing investments in RWAs and helping small and medium-sized businesses (SMBs) launch their own tokens. The company believes that RWA tokenization will grow in popularity and hopes to attract newcomers with ease of use and low barriers to entry. Binance has been heavily committed to asset tokenization, with Binance Labs investing in OpenEden to facilitate RWA tokenization.

Related News