Binance founder CZ says rapid RWA growth could ease cross-border trading barriers

Binance founder Zhao Changpeng said the rapid development of real-world asset tokenization, particularly securities moving on-chain, was faster than he had expected and could address barriers in traditional markets. Investors often cannot open cross-border brokerage accounts to buy U.S. stocks or A-shares, while companies typically target investors in their home markets after issuing shares. Citing Southeast Asia, he said most countries outside China and the United States lack powerful securities exchanges; the Philippine Stock Exchange handles about $50 million in daily trading, roughly the volume of a single New York trader. He said limited market infrastructure pushes companies toward venues such as Hong Kong, whereas on-chain issuance could connect shares with investors globally. For university students seeking to start businesses, Zhao advised gaining several years of experience at a strong company and developing a specialized skill rather than rushing to launch a venture.

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