BNB Chain CBO Thomas Chen flags tokenization’s last-mile problem at TOKEN2049

Chen argues tokenized assets won't reach real adoption until they live inside the wallets people already use Tokenization has spent years being pitched as the next big thing for finance. According to BNB Chain’s new Chief Business Officer, the industry hasn’t even finished warming up. Speaking at TOKEN2049 Singapore, Thomas Chen said tokenized assets need wallet access to reach users and drive adoption. Creating a token, in his view, is only half the job. Getting it into someone’s hands is the other half. Issuance is easy, distribution is hard Chen took the stage at the conference, which ran from October 7-8, 2026. He described the current state of tokenized asset adoption as the “bottom of the first inning.” His core argument centered on distribution. The industry, he said, still lacks robust channels and user access that would let people actually do something useful with tokenized assets. Chen’s point was that tokenized assets need seamless integration into user-friendly wallets. Without that, he suggested, the sector risks staying stuck in speculation instead of delivering real utility. The bStocks numbers behind the pitch Chen pointed to Binance’s bStocks platform as evidence t...