Zenith CEO: Japanese Government Bond Tokenization Project Worth $1.6 Trillion Could Rival Bitcoin's Market Cap

According to DigitalAsset, Zenith CEO Heslin Kim revealed on June 26 that the company is participating in Japan's $1.6 trillion government bond tokenization project through the Canton Network, aiming to connect institutional finance with blockchain infrastructure. The project's scale approaches Bitcoin's current market capitalization.

Kim stated that within the next 10 years, tokenized real-world assets from major corporations and governments will enter mainstream markets, potentially displacing current top-ranked digital assets. He noted that once trillion-dollar enterprises and government securities are tokenized on-chain, they will likely dominate the digital asset market by total value, while projects without underlying business operations may face declining investor interest.