BNB Chain introduces a tokenization platform designed to drive Web3 adoption for businesses.

BNB Chain has introduced a tokenization solution designed to help individuals and small businesses transition to Web3.

This comprehensive platform offers both real-world asset (RWA) tokenization and corporate tokenization, according to a press release shared by the BNB Chain team with pinetbox.com.

The RWA tokenization feature facilitates the issuance and trading of physical assets, including art, real estate, and commodities. These tangible assets are converted into tradable tokens on the BNB Chain, enabling broader participation in Web3 investments.

On the other hand, business tokenization allows companies to issue their own tokens directly on the blockchain. To support this offering, BNB Chain is partnering with industry leaders such as BitBond, Brickken, Matrixdock, Tokenizer by Allo, and InvestaX.

The initiative aims to lower the entry barriers to Web3 by eliminating the need for technical or coding expertise, particularly for individuals and small businesses. According to Jimmy, a senior solution architect at BNB Chain, tokenizing real-world assets is a key step in driving this adoption.

“Compared with other sectors in Web3, RWA is never an easy endeavor and requires more time and effort, but we believe it’s one of the right directions. We see it as a crucial pathway to empower small and medium-sized businesses and introduce an increasing number of new user scenarios into Web3,” he noted.

BNB Chain’s community-driven ecosystem has expanded to over 4 million users and now includes more than 4,000 decentralized applications. The ecosystem encompasses the decentralized finance hub BNB Smart Chain, the layer-2 chain opBNB, and the decentralized storage platform BNB Greenfield.

As of DeFiLlama data, BNB Smart Chain (BSC) has a total value locked (TVL) exceeding $6.28 billion, ranking it as the fourth-largest DeFi chain, following Ethereum, Solana, and Tron.

Currently, BNB Chain offers tokenization services for corporations involved in carbon credits and natural hydrogen, with plans to broaden its offerings. This expansion will include introducing loyalty programs, mini-apps, and other innovative products aimed at bringing more users into the Web3 space.