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RWA Crypto

CZ: Tokenization Fragments Liquidity but Fastest to Drive Industry Growth

Binance co-founder Changpeng Zhao (CZ) stated that while asset tokenization can lead to liquidity fragmentation, it remains the fastest way to advance the industry. He emphasized its potential to accelerate development despite the associated challenges.

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AI take

CZ's framing captures the core tension in tokenization: splitting liquidity across venues and chains versus reaching users and capital that traditional rails cannot. His endorsement matters because he remains one of the most influential figures in crypto, and his emphasis on speed over structural purity signals how builders may prioritise adoption. The open question is whether fragmentation proves a temporary cost of growth or a lasting drag on price discovery and depth.

Generated by AI for reference only.

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