Binance founder Changpeng Zhao, widely known as CZ, delivered a notably upbeat assessment of the cryptocurrency industry at the Bitcoin Asia 2026 event in Hong Kong, stating that the sector has moved past its most challenging period. Speaking to attendees, Zhao emphasized that the industry’s fundamentals remain strong, even as the market continues to evolve amid shifting regulatory landscapes.

RWA Tokenization: A Bright Spot

Zhao highlighted the growing potential of real-world asset (RWA) tokenization, describing it as a key area of opportunity. He argued that putting assets on-chain can eliminate traditional time and cross-border barriers, enabling global investors to connect more easily. This approach, he noted, could also improve…