BNB Chain’s Thomas Chen says tokenization is still in the first inning

Speaking at TOKEN2049 Singapore, the BNB Chain executive pointed to bStocks' fast climb to roughly $1 billion while arguing distribution will decide what comes next Binance’s tokenized stock platform, bStocks, reached about $1 billion in total value locked in roughly three months. BNB Chain’s Thomas Chen still thinks the industry has barely started. Speaking at TOKEN2049 in Singapore, Chen described tokenization as sitting at the “bottom of the first inning.” His main argument was less about the milestone and more about what follows it. Chen said tokenized assets will succeed through distribution and real utility, not through speculative trading.