CZ says tokenized stocks could broaden Bitcoin adoption

Tokenized assets could support Bitcoin and the wider crypto industry by introducing users to different blockchains and tokens, CZ said in a post on X. He argued that people who first learn about Bitcoin may later explore other crypto networks, while those entering the market through tokenized stocks may eventually encounter Bitcoin. Hong Kong illustrates the potential access benefit: Asian users typically need to open a brokerage account to buy U.S. stocks, a process CZ described as difficult, while trading hours run from about 11 p.m. to 4 a.m. the following day. Stock tokenization could let people previously unable to buy U.S. equities participate through crypto platforms and potentially gain Bitcoin exposure. CZ said the effect could accumulate over time, making factors that support tokenized stocks beneficial for traditional equity markets and Bitcoin rather than creating competition among projects across the ecosystem.

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