BNB Chain launched a new tokenization tool on Wednesday, providing small businesses and entrepreneurs with a streamlined way to tokenize real-world assets, such as real estate and company shares, on the blockchain.
The tool includes compliance measures and security-focused features to support the tokenization of real world assets (RWAs) such as real estate, artwork and corporate equity.
With BNB Chain’s tokenization, enterprises can issue their own tokens, working with partners to meet regional regulatory requirements for secure transactions. This approach provides a way for enterprises to engage in blockchain innovation without extensive technical expertise.
The tool is designed for ease of use, requiring no coding skills, making it particularly accessible to small business owners and entrepreneurs entering the Web3 space.
The BNB Chain ecosystem supports more than 4,000 decentralized applications (dApps) and key partners such as BitBond and InvestaX, which enhance the secure and user-friendly environment of the tokenization platform.
These partnerships reinforce BNB Chain’s commitment to providing a compliant and efficient tokenization service tailored to blockchain beginners.
“Compared to other sectors in Web3, RWA is never an easy undertaking and requires more time and effort, but we believe this is one of the right directions,” said Jimmy Zhao, senior solutions architect at BNB Chain.
“We see this as a key path to strengthen small and medium-sized enterprises and bring more and more new user scenarios to Web3,” Zhao added.
BNB Chain Tokenization is an accessible entry point for small businesses and entrepreneurs who want to use blockchain technology in a compliant and secure manner, supporting their transition to Web3.
