Bybit CEO Outlines How Tokenized Assets Are Transforming Global Finance

At the Blockchain for Good Alliance: The Scaling Summit in Singapore, held alongside TOKEN2049, Ben Zhou, Co-founder and CEO of Bybit, outlined a new vision for digital finance—one focused on real-world assets (RWA) and stablecoins as the foundation of blockchain’s next phase. He urged the industry to move beyond speculation and toward real economic value built on transparent, asset-backed systems.

Good to Know

• The RWA market has grown over 400% since 2022, now surpassing $30 billion.
• Stablecoins have exceeded $300 billion in market capitalization as of September 2025.
• Global institutions like BlackRock, JPMorgan, and Franklin Templeton are leading large-scale tokenization efforts.

Zhou emphasized that tokenized assets and stablecoins are transforming from niche experiments into essential infrastructure for the global financial system. He said:

“Stablecoins and tokenized assets are no longer ideas for the future — they are the building blocks of a more efficient and transparent global financial system.”

According to recent market data, the RWA sector has expanded from $5 billion in 2022 to over $30 billion in 2025, led by tokenized private credit ($14.7 billion) and U.S. Treasuries ($7.3 billion). Reports from McKinsey and Standard Chartered predict that tokenized assets could reach between $4 trillion and $30 trillion within the next decade, underscoring how institutional adoption is accelerating this shift.

Meanwhile, the stablecoin market has become the backbone of blockchain-based finance, enabling a new era of cross-border payments that grew more than 1,000% in the first half of 2025. Zhou highlighted how financial giants such as Mastercard, Visa, PayPal, and Stripe are now integrating stablecoin settlements into their global payment networks.

“When companies that serve hundreds of millions of users embrace blockchain payments, we are seeing a fundamental shift in how money moves around the world,” Zhou added.

Bybit’s Role in the New Financial Era

Zhou described Bybit’s mission as a bridge between traditional finance and the blockchain economy, arguing that the true future of finance lies in collaboration rather than replacement. He concluded:

“Bybit’s mission is to connect traditional finance with the blockchain economy. The future belongs to those who see blockchain not as a replacement for traditional finance, but as a tool to strengthen it. When history looks back, it will show how this technology fulfilled its promise — creating a more inclusive, transparent, and resilient financial system for all.”