CZ: Wall Street and Crypto Should Essentially Become the Same Industry

Odaily reported that during a podcast conversation with Cathie Wood, CZ said, “Wall Street and crypto should essentially become the same industry.” He pointed out that Binance’s current approximately 320 million users are driving strong demand for high-quality Real World Assets (RWA), and tokenization is accelerating the entry of assets such as gold, crude oil, and stocks onto the on-chain market. The tokenization trend is making traditional assets more accessible to crypto-native investors, while geopolitical fluctuations have turned the “24/7 global market” into the new normal of the financial system. Furthermore, in 2015, traditional financial institutions were the most vocal skeptics of the crypto industry, but now they are gradually shifting towards participation in building and infrastructure deployment, with industry boundaries rapidly converging.