Asian Star, a Japan-listed company, will distribute BNB worth a total of ¥8 million to eligible shareholders and plans to tokenize Japanese real estate on BNB Chain, Binance founder Changpeng Zhao (CZ) said on X.

CZ called it a first for Japan and a global first, saying it gives traditional companies and their shareholders more ways to take part in crypto. Despite the stormy market, he said, industry builders are still pushing projects forward.