BNB Chain, the third-largest blockchain globally by total value locked (TVL), has taken a major step in asset tokenization by integrating TokenFi’s tokenization technology. With a current TVL of $7 billion, BNB Chain now recommends TokenFi as a primary tool for tokenizing assets, underlining TokenFi’s position in the blockchain space. TokenFi’s platform aligns with BNB Chain’s goal of making tokenization easy, enabling users to tokenize assets in just a few clicks.
Key Points:
- Tokenization Focus: BNB Chain’s new solution aims to make it simple for companies to issue tokens and interact with Web3 communities.
- Partnerships and Support: BNB Chain’s ecosystem includes partnerships with Bitbond, Brickken, Investax, Matrixdock, PinkSale, TokenFi, and Tokeny, offering users robust support.
- TokenFi Validation: This integration further validates TokenFi’s technology and commitment to accelerating the tokenization wave.
BNB Chain’s “Company Tokenization” initiative includes two main components: Real-World Asset (RWA) Tokenization and Company Tokenization. The RWA solution allows users to convert physical assets like real estate and art into tradable tokens, giving businesses a new method to attract early investors and expand growth. With Company Tokenization, businesses can engage their communities directly through tokenized assets, building a stronger presence in Web3.
Company Tokenization on BNB
For those starting with RWA Tokenization, the process is straightforward:
- Prepare the asset with legal structuring and custody.
- Set up a Web3 wallet and buy crypto for service fees.
- Create the token.
- Launch and share it with the community.
BNB Chain’s solution is built for ease of use, combining a strong ecosystem and a partnership network to support tokenization efforts. With TokenFi as a key technology partner, BNB Chain is empowering businesses and users alike to explore and capitalize on the future of asset tokenization.
