CZ Claims Crypto Market Has 24/7 Low-Fee, Efficient, Global Open Advantages
Binance founder CZ retweeted and commented that the crypto market operates around the clock with low fees, high efficiency, and is global and open.
This comment was in response to Binance co-CEO mentioning the rapid growth in trading volume of tokenized stocks, which rose from 0.4% to 2.3% of the world's most active ETF trading volume. CZ emphasized the core differences between the crypto-native market and traditional finance.
This is CZ's public statement on the advantages of tokenized assets and crypto trading, focusing on on-chain stocks and the 24/7 trading model. Crypto platforms benefit from a narrative of enhanced trading efficiency, while traditional market trading hours and fee structures are pressured by comparison.
Source: Public Information
ABAB AI Insight
CZ has long emphasized the 24/7 operation and low-friction characteristics of crypto exchanges, and this response directly anchors on the growth data of the emerging category of tokenized stocks. Data from Richard Teng indicates that tokenized equity products are rapidly penetrating traditional ETF trading volumes.
On the capital path, by highlighting efficiency and openness, more traditional assets are attracted to on-chain trading. The motivation is to solidify Binance's positioning between compliance and innovation while promoting the narrative of real-world assets (RWA).
Similar to the early paths of stablecoins and perpetual contracts as alternatives to traditional derivatives, tokenized stocks are currently in the stage of transitioning from proof of concept to actual trading volume.
Essentially, this is a technological substitution: the traditional limited-time, high-friction market is partially replaced by a 24/7 low-cost on-chain model, with the mechanism shifting trading infrastructure from centralized time constraints to continuous global operation.
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