Nano Labs launches the NBNB program to promote the infrastructure development of real-world assets on the BNB Chain.

Source: Yellow Original Title: Nano Labs launches the NBNB program to build real-world asset infrastructure on BNB Chain

Original Link: Nano Labs, a company listed on NASDAQ, has launched a comprehensive real-world asset tokenization program on the BNB Chain, positioning the platform as an infrastructure that prioritizes regulatory compliance to drive institutional adoption of on-chain finance. The Next Big BNB (NBNB) project aims to connect traditional assets, including stocks, bonds, real estate, and new energy, with blockchain technology through a regulated framework.

The Web 3.0 infrastructure provider, headquartered in Hong Kong, announced the project on November 26, emphasizing its focus on supporting the establishment of asset tokenization, custody, auditing, rating, and regulatory compliance frameworks.

This plan marks one of the most significant corporate commitments to the BNB Chain real-world asset ecosystem, following the previous treasury strategy from Nano Labs, which allocated $50 million to the network's native token.

“Nano Labs will closely collaborate with BNB Chain to build an open, diverse, compliant, and highly transparent RWA ecosystem, driving the next wave of growth in Web3,” said Jianping Kong, President and CEO of Nano Labs, in the company's press release.

What Happened

The NBNB project represents a multi-faceted approach to the tokenization of real-world assets infrastructure, covering several key components of the on-chain financial stack. Nano Labs plans to develop an asset tokenization framework, custodial services, independent audits, credit rating systems, and regulatory compliance tools tailored for institutional participants.

The program will also focus on ecosystem incubation, accelerating the development of real-world asset projects that prioritize compliance, transparency, and security. This dual approach of infrastructure development and project incubation aims to create a comprehensive ecosystem that connects traditional finance with blockchain technology.

At the time of the project's launch, the tokenized real-world asset market is expected to reach approximately $33 billion by October 2025, with government securities dominating the current landscape. Tokenized U.S. Treasury bonds have become a primary use case, providing institutional investors with real-time settlement and lower counterparty risk compared to the traditional two-day settlement cycle.

The BNB Chain is increasingly being positioned as a destination for tokenized assets, with several publicly listed companies in the United States adopting BNB as treasury assets. Nano Labs itself purchased 74,315 BNB tokens for $50 million in July 2025, marking the first step of a broader plan aimed at allocating up to $1 billion for the token. The company ultimately hopes to hold 5% to 10% of the total circulating supply of BNB.

Why It Matters

The launch of this project marks a growing interest among institutions in building production-grade infrastructure for the tokenization of real-world assets, transitioning from experimental pilots to scalable and compliant platforms. Nano Labs has emphasized the regulatory framework from the very beginning, addressing one of the main barriers to institutional adoption identified by market participants.

Tokenization of real-world assets offers several advantages over traditional financial infrastructure, including fractional ownership of high-value assets, greater liquidity for typically illiquid investments, 24/7 global market access, and automated compliance through programmable smart contracts. These advantages have attracted large financial institutions like Blackstone, Franklin Templeton, and JPMorgan to explore tokenization platforms.

The market predictions for tokenized assets vary widely, but all point to exponential growth. McKinsey estimates that the market could reach $2 to $4 trillion by 2030, while the Boston Consulting Group anticipates $16 trillion in the same year. Standard Chartered's most optimistic forecast suggests that the market could reach $30 trillion by 2034, which represents a thousand-fold increase compared to levels in 2020.

The regulatory landscape is evolving to support tokenization initiatives. The Monetary Authority of Singapore has developed a framework through the (Project Guardian), involving over 40 financial institutions testing tokenized bonds and deposits. The European crypto asset market (MiCA) regulation provides coordinated standards across 27 member countries, while the United States is considering legislation, including the GENIUS Act, to establish a clearer legal framework for tokenized assets.

The collaboration between Nano Labs and BNB Chain adds credibility to the network's efforts to compete with Ethereum, which currently holds about 58% of the market value of real-world assets. The company has also signed a memorandum of understanding with TradeUP Securities to develop tokenized U.S. stocks, leveraging Nano Labs' blockchain technology and TradeUP's expertise in custody and settlement.

Final Thoughts

The NBNB project reflects a broader shift in the tokenization of real-world assets from experimental projects to the deployment of institutional-grade infrastructure. With the market growing nearly fivefold since 2022, large financial institutions are investing significant resources, and tokenization seems to be transitioning from niche applications to universal financial infrastructure.

However, significant challenges still exist. The regulatory fragmentation across jurisdictions creates compliance complexities for global platforms. The liquidity of secondary markets for tokenized assets remains limited compared to traditional markets. Technical barriers, including cross-blockchain interoperability and custody security, require ongoing investment and standardization.

The success of plans like the NBNB project will depend on their ability to demonstrate clear advantages over traditional financial infrastructure while addressing these challenges. The early results of tokenized government bond products have attracted billions of dollars in institutional capital due to their competitive yields and settlement efficiency, indicating a strong demand for compliant and well-designed tokenized platforms.

With the improvement of regulatory clarity and the maturity of technological infrastructure, the next 12 to 18 months may be crucial in determining whether the tokenization of real-world assets reaches its projected potential of trillions of dollars or remains limited to specific use cases within the broader financial system.