BNB Chain Launches No-Code Tokenization Platform to Democratize Web3 Access
BNB Chain has unveiled a comprehensive tokenization solution designed to help individuals and small businesses enter the Web3 space without requiring technical expertise. The platform enables users to tokenize real-world assets (RWAs) and create corporate tokens through a streamlined, no-code interface.
The solution addresses two primary use cases: RWA tokenization for converting tangible assets like real estate, art, and commodities into tradable tokens, and corporate tokenization allowing businesses to issue their own digital tokens. This initiative is part of BNB Chain’s broader mission to onboard one billion users to Web3.
“BNB Chain’s mission is to onboard the next billion users to Web3. This one-stop tokenization solution is another step toward achieving this goal as it is designed to make Web3 accessible to non-Web3 savvy users,” explained Jimmy Zhao, Senior Solution Architect at BNB Chain.
To ensure comprehensive service delivery, BNB Chain has partnered with industry leaders including BitBond, Brickken, Matrixdock, Tokenizer by Allo, and InvestaX. The platform incorporates built-in compliance tools and security features to maintain regulatory adherence while simplifying the tokenization process.
The ecosystem supporting this initiative is substantial, with BNB Chain hosting over 4,000 decentralized applications and serving more than 4 million active users. According to DeFiLlama, BNB Smart Chain currently ranks as the fourth-largest DeFi chain, with over $6.28 billion in total value locked across various protocols.
BNB Chain’s tokenization service currently supports various sectors, including carbon credits and natural hydrogen, with plans to expand into loyalty programs and mini-applications. The platform aims to reduce barriers to entry by eliminating the need for coding knowledge while maintaining security and regulatory compliance.
For small businesses and entrepreneurs, the platform offers a pathway to leverage blockchain technology without extensive technical knowledge, potentially opening new revenue streams and enhancing asset liquidity in the digital economy.