2024-11-07
Digital economy is growing rapidly. BNB
Chain has unveiled a new no-code tokenization service designed to make it
easier for individuals and businesses to tokenize real-world assets on November
6, 2024.
This service streamlines the
tokenization process with built-in compliance tools and clear guidance through
each step, including asset securitization and on-chain minting of tokens.
It is a one-stop tokenization solution
designed to simplify Web3 access for businesses and entrepreneurs
This platform requires no coding skills
or blockchain expertise, providing a quick, user-friendly way to tokenize
assets, offering businesses an innovative way to engage with the global digital
marketplace.
The Power of Tokenization
Tokenization—the process of converting
assets into digital tokens—promises to streamline business operations, improve
investor connections, and promote efficient growth. By securing assets on a
blockchain, tokenization allows companies to manage value digitally with
enhanced safety and efficiency.
What BNB Chain Offers?
The platform’s new tokenization
solution features two main services:
1.
Real-World Asset (RWA) Tokenization: Physical assets like real estate or
art can now be transformed into tradable digital tokens, enhancing their
liquidity and accessibility.
2.
Company Tokenization: Businesses can issue their own tokens to engage
their communities, reward early supporters, and drive growth within Web3.
With RWA Tokenization, assets that were
once challenging to trade or subdivide can be tokenized with a few simple
steps, making them more accessible to a broader audience. On the other hand,
Company Tokenization enables businesses to easily create tokens, connecting
more directly with investors and rewarding their loyalty.
How Businesses Can Get Started?
To initiate RWA Tokenization,
businesses need to legally structure and secure the asset, set up a Web3
wallet, and acquire cryptocurrency to cover service fees. After creating the
token, they can launch it and engage their community. For Company Tokenization,
the process is even simpler: set up a wallet, create the token, and withdraw
funds as they come in. Companies can also distribute rewards to investors upon
reaching profitability.
A Platform for All
BNB Chain’s accessible tokenization
solution targets small businesses, entrepreneurs, and anyone looking to raise
funds. Built to welcome both traditional and tech-savvy enterprises, this
platform opens up new opportunities for a wide range of industries to enter the
digital economy seamlessly.
This initiative aims to reduce the
cost, time, and labor required to tokenize assets, making it more accessible
for small businesses. Tokenizing physical assets can provide benefits like
fractional ownership of art, securities, collectibles, and carbon credits1.
