People are starting to talk about IPOs going blockchain after Binance co-founder Changpeng Zhao, better known as CZ, said, “IPOs will move on-chain” on an X post today, September 8, 2026. With this post, the former Binance CEO is suggesting that someday, companies might raise money and give ownership to investors directly on a blockchain. Right now, when a company goes public, it offers shares, and the traditional financial system takes care of ownership, transfers, and trading. Shifting this onto blockchain could make ownership digital, maybe even let trades happen any time, day or night.
This comment is gaining attention as tokenized stocks and securities are becoming a growing part of the blockchain market. BNB Chain has over 700 tokenized stocks and ETFs already. Binance recently launched tokenized securities backed 1:1, so they can move on-chain and interact with DeFi too. The focus is not simply about putting traditional stocks onto crypto networks but it is about inventing financial assets that run on programmable blockchain systems, with the potential for anything from trading and settlement to DeFi and collateral.
The Shift from Traditional IPOs to On-Chain Markets
Taking a company public, the IPO process, comes with several important steps. The company raises money, investors get a share of the company, shares are recorded, ownership shifts around, and trades get settled. All this happens through layers of intermediaries, set market hours, clearing systems, and databases. Instead of traditional tracking, shares become digital assets staying on a blockchain. Ownership could be transferred straight through blockchain transactions, which makes the process faster and easier.
Another big change is the trading access. Most exchanges operate during certain hours, but blockchains are always on. Tokenized securities could let investors trade any time, no matter what. This model could also connect tokenized stocks with DeFi. If stocks move to blockchain, investors might use them as collateral or into other blockchain apps, if regulations allow.
This idea reimagines capital markets. Blockchain would not just be a place to trade familiar products, it would actually be the backbone for creating and managing assets. This is the bigger picture behind CZ’s comment which suggests that companies could make their public debut right on blockchain-based systems, skipping a lot of traditional infrastructure.
BNB Chain’s Position in Tokenized Securities
BNB Chain is already active in the tokenized asset market, with over 700 tokenized stocks and ETFs letting investors access blockchain versions of classic financial assets. Beyond that, the network includes tokenized securities with real world backing. Binance launched 1:1 backed securities that can move on-chain and interact with DeFi apps. These assets help bring traditional finance and blockchain.
More tokenized stocks could create several areas of activity on the BNB Chain, with more transactions and higher engagement. Investors might get to interact with these assets directly on blockchain, if it is permitted. Stablecoins matter in this system, since they fund and settle deals. As more finance shifts onto the blockchain, demand for blockchain infrastructure and applications is likely to increase.
This trend could increase demand for BNB. The busier the BNB Chain ecosystem gets, the more BNB gets used for network fees. If major institutions start adopting tokenized products, it could push BNB Chain’s role even further as traditional finance moves to blockchain. And the possible market stretches way beyond just tokenized stocks. If IPOs go on-chain, the same setup could handle stocks, bonds, RWAs, and other assets.
Moreover, as soon as this comment was made by CZ, the price of the BNB token surged. At the time of writing, the price of the token is up by 1.5% in the last 24-hours and is currently trading at $756.42, as per CoinGecko.
The real question now is which blockchain steps up to offer the infrastructure for this new generation of capital markets. With 700+ tokenized stocks and ETFs already on BNB Chain, the network is positioning itself as one of the blockchain platforms involved in this shift.
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