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CZ: Tokenization Can Be a Powerful Financial Tool for National Industrial Development
BlockBeats News, December 18th, Binance Founder CZ stated during a year-end Q&A session:
「From my current observation, I believe there is a significant amount of discussion on the tokenization of real-world assets, and it is a serious discussion at the national level. Some senior leaders I have been in contact with are actively discussing the tokenization of state-owned assets, and this makes sense.
For example, in the past, the United States had a large amount of oil, but the extraction was extremely difficult. Fortunately, the United States has a developed capital market, and oil companies raised a substantial amount of funds through stock listings to invest in technology, eventually succeeding in extracting those hard-to-reach resources.
I believe this model can be applied at the national level. Many countries possess valuable resources but struggle to monetize them effectively or develop related industries. Through tokenization, they can attract initial capital or pool resources to better develop these industries. This could serve as a great launching mechanism and financing tool.
Essentially, you do not need to sell the actual resources; you just need to sell tokens representing their value. If the raised funds are managed properly, they can become a powerful financial tool to drive industrial development. There have been very serious discussions in this regard.」
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