CZ Discusses "Memestock" Innovation: Interesting, but Focus Should Be on Issuers' Ability to Fulfill Obligations

Odaily News - CZ responded to a discussion about 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 issuers have the ability to fulfill their commitments.

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 utility value to Memecoins that previously lacked real-world use cases, and related innovations are currently concentrated mainly within the BNB Chain ecosystem.

In response, CZ said: "This is indeed a new and interesting direction. However, 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. The credibility of issuers and the regulatory framework will become key factors determining whether this model can achieve long-term development.