BNB Chain has launched an innovative no-code real-world asset tokenization service, allowing individuals and businesses to tokenize their assets within minutes. The service is designed to streamline the complex tokenization process with built-in compliance tools and clear, step-by-step guidance for asset securitization and on-chain token minting.

This breakthrough solution aims to reduce the significant cost, time, and labor traditionally involved in tokenizing assets. By outsourcing the process to BNB Chain’s platform, smaller businesses can now access real-world asset tokenization with greater ease and affordability.

Tokenizing physical assets opens up multiple opportunities for businesses. It enables fractional ownership of high-value items such as art, securities, and collectibles, as well as environmental assets like carbon credits. Moreover, it can enhance customer loyalty and reward programs, driving higher consumer engagement and cost efficiency.

The launch underscores the growing focus on real-world asset tokenization, a market projected to reach $600 billion in assets under management by 2030. The surge in interest is particularly evident in the stablecoin sector, where stablecoin issuers are purchasing U.S. Treasury bills and similar cash-equivalents to back their digital fiat tokens. This trend has bolstered demand for the U.S. dollar amid de-dollarization efforts by sovereign debt holders.

In early November 2024, notable progress was made when the Monetary Authority of Singapore (MAS), SWIFT, Chainlink, and UBS concluded a successful pilot for tokenized fund settlements. The pilot allowed transactions in fiat and non-blockchain funds, opening new pathways for traditional finance to engage with tokenized assets without holding cryptocurrencies.

BNB Chain’s no-code service marks a pivotal step in mainstreaming asset tokenization, making it accessible for a wider range of businesses looking to modernize and innovate.