Reports indicate Binance co-founder Changpeng Zhao is discussing tokenization of national assets with around a dozen governments. The focus includes infrastructure, real estate, and commodities, aiming for liquidity, transparency, and financing benefits through blockchain-based fractional ownership models and compliant issuance frameworks.

Changpeng Zhao said at the World Economic Forum that he is communicating with more than ten governments about tokenizing national assets, exploring blockchain use for state-owned infrastructure, real estate, and commodities to unlock financing and improve transparency and efficiency for public-sector funding.

According to CZ, differences in capital controls, tax policies, and national priorities make a single global crypto regulator impractical. A more feasible approach could be regulatory passporting, where authorization in one country can facilitate compliance in others under harmonized standards.

A Binance Square recap of CZ’s Davos remarks highlights three themes: tokenization, crypto payments, and regulation. He views exchanges and stablecoins as currently proven, frames payments as an invisible rail, and urges caution with meme coins while acknowledging their role in crypto culture.