Bitcoin
Bitcoin (BTC)
$97,626.00 4.62138
Bitcoin price
Ethereum
Ethereum (ETH)
$3,131.41 0.17224
Ethereum price
BNB
BNB (BNB)
$611.37 -0.43019
BNB price
Solana
Solana (SOL)
$243.09 2.06345
Solana price
XRP
XRP (XRP)
$1.13 1.81915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000024 -2.48576
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000193 -4.9112
Pepe price
Bonk
Bonk (BONK)
$0.0000514 -5.29229
Bonk price
dogwifhat
dogwifhat (WIF)
$3.12 -6.47581
dogwifhat price
Popcat
Popcat (POPCAT)
$1.52 -10.58476
Popcat price
Bitcoin
Bitcoin (BTC)
$97,626.00 4.62138
Bitcoin price
Ethereum
Ethereum (ETH)
$3,131.41 0.17224
Ethereum price
BNB
BNB (BNB)
$611.37 -0.43019
BNB price
Solana
Solana (SOL)
$243.09 2.06345
Solana price
XRP
XRP (XRP)
$1.13 1.81915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000024 -2.48576
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000193 -4.9112
Pepe price
Bonk
Bonk (BONK)
$0.0000514 -5.29229
Bonk price
dogwifhat
dogwifhat (WIF)
$3.12 -6.47581
dogwifhat price
Popcat
Popcat (POPCAT)
$1.52 -10.58476
Popcat price
Bitcoin
Bitcoin (BTC)
$97,626.00 4.62138
Bitcoin price
Ethereum
Ethereum (ETH)
$3,131.41 0.17224
Ethereum price
BNB
BNB (BNB)
$611.37 -0.43019
BNB price
Solana
Solana (SOL)
$243.09 2.06345
Solana price
XRP
XRP (XRP)
$1.13 1.81915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000024 -2.48576
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000193 -4.9112
Pepe price
Bonk
Bonk (BONK)
$0.0000514 -5.29229
Bonk price
dogwifhat
dogwifhat (WIF)
$3.12 -6.47581
dogwifhat price
Popcat
Popcat (POPCAT)
$1.52 -10.58476
Popcat price
Bitcoin
Bitcoin (BTC)
$97,626.00 4.62138
Bitcoin price
Ethereum
Ethereum (ETH)
$3,131.41 0.17224
Ethereum price
BNB
BNB (BNB)
$611.37 -0.43019
BNB price
Solana
Solana (SOL)
$243.09 2.06345
Solana price
XRP
XRP (XRP)
$1.13 1.81915
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000024 -2.48576
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000193 -4.9112
Pepe price
Bonk
Bonk (BONK)
$0.0000514 -5.29229
Bonk price
dogwifhat
dogwifhat (WIF)
$3.12 -6.47581
dogwifhat price
Popcat
Popcat (POPCAT)
$1.52 -10.58476
Popcat price

BNB Chain unveils tokenization solution to power web3 for businesses

bnb-chain-unveils-tokenization-solution-to-power-web3-for-businesses
Edited by
News
BNB Chain unveils tokenization solution to power web3 for businesses

BNB Chain has launched a tokenization solution aimed at helping individuals and small businesses onboard to web3.

The one-stop tokenization solution offers both real-world asset tokenization and corporate tokenization, according to a press release from the BNB Chain team shared with crypto.news.

RWA tokenization will support the issuance and trading of tangible assets, such as art, real estate, and commodities. These assets will be converted into tradable tokens on BNB Chain, allowing more people to invest while gaining web3 access.

Meanwhile, business tokenization enables companies to issue tokens directly on the blockchain. To provide this solution, BNB Chain is collaborating with industry partners including BitBond, Brickken, Matrixdock, Tokenizer by Allo, and InvestaX.

BNB Chain’s tokenization initiative seeks to onboard more users to web3 by removing coding and technical knowledge barriers for individuals and small businesses. RWA is seen as a major path to achieving this, explained Jimmy, a senior solution architect at BNB Chain.

“Compared with other sectors in Web3, RWA is never an easy endeavor and requires more time and effort, but we believe it’s one of the right directions. We see it as a crucial pathway to empower small and medium-sized businesses and introduce an increasing number of new user scenarios into Web3,” he noted.

BNB Chain’s community-driven ecosystem has grown to over 4 million users and includes more than 4,000 decentralized applications. This ecosystem comprises the decentralized finance hub BNB Smart Chain, layer-2 chain opBNB, and decentralized storage platform BNB Greenfield.

According to DeFiLlama, BSC’s total value locked across various protocols stands at over $6.28 billion, making it the fourth-largest DeFi chain after Ethereum, Solana, and Tron.

Currently, BNB Chain supports tokenization services for corporations in carbon credits and natural hydrogen, with plans to expand further. This includes introducing loyalty programs, mini-apps, and other products to onboard more people into web3.