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CZ: The model combining Meme coins and tokenized stocks is novel, but it is necessary to ensure that issuers can fulfill their obligations.

Source: x.com
CZ reposted on X a message from YZi Labs announcing that applications for EASY Residency Season 5 are now open. A community user then asked for his thoughts on the "Memestock" model, which pairs Meme coins with tokenized stocks so that holders of Meme coins can receive corresponding tokenized stocks. The user noted that this model adds practical utility to Meme coins, with recent innovations in this space particularly concentrated on BNB Chain. In response, CZ remarked that the model is indeed "novel and interesting," but emphasized the need to ensure that issuers can truly fulfill their obligations.

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