CZ Discusses "Memestock" Innovation: Interesting, but Issuer Performance Capability Needs Attention

Odaily News CZ responded to a discussion on the "Memestock" model on the X platform, stating that combining Memecoin with tokenized stocks is a "novel and interesting" innovation, but the key lies in whether the issuer has the ability to fulfill its promises.

It is reported that some community users shared their views on the "Memestock" trend, which combines Memecoin with tokenized stocks, allowing Memecoin holders to receive tokenized stock returns without any additional actions. This model introduces new application value to Memecoins that previously lacked practical use cases, with related innovations currently focused primarily on the BNB Chain ecosystem.

In response, CZ stated: "This is indeed a new and interesting direction. But we need to ensure that issuers can truly fulfill their obligations."

Some community users believe that the combination of Memecoin and real-world asset (RWA) tokenization is exploring a shift from purely community-driven assets to digital assets with yield or equity attributes. However, tokenized stocks involve issues such as underlying asset custody, compliant issuance, and income distribution, and issuer credibility and regulatory frameworks will be key factors determining whether this model can achieve long-term development.