Binance Founder CZ Predicts IPOs Will Move On Chain

Binance founder Changpeng Zhao, often called CZ, thinks the way companies list shares is due for an upgrade. He recently said that initial public offerings, or IPOs, are likely to move onto the blockchain. This change would bring the traditional stock market and the crypto industry much closer together.

The tech needed for this shift is already coming together. CZ noted that even the US SEC is encouraging tokenization. It seems regulators are finally noticing the perks of using a digital ledger for real assets. Binance is already seeing this demand firsthand with its trading contracts for companies that have not even gone public yet.

As more assets move on chain, the wall between crypto and traditional finance is starting to crumble. You should keep an eye on how regulators manage this and whether more firms choose the blockchain to raise capital. If this trend continues, we could see a lot of new money enter the space as famous stocks become available as digital tokens.