CZ Backs Hong Kong as a Web3 and Real-World Asset Hub

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Binance founder Changpeng “CZ” Zhao expressed support for Hong Kong as a potential hub for Web3 and real-world assets during a book meeting on August 27. CZ highlighted Hong Kong’s role as a financial center and its access to professionals from mainland China, emphasizing the synergies between the city and Web3 technologies. He also mentioned other markets like Dubai, Abu Dhabi, and the U.S. as potential beneficiaries of supportive digital asset policies. Hong Kong regulators had already approved thirteen tokenized products by March 2026, indicating the city’s progress in embracing tokenization. CZ predicted that tokenized securities and real-world assets would…

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