Binance Veteran Gin Chao Leads No Limit Holdings in Oversubscribed Fund Targeting $15T Crypto Market

No Limit Holdings (NLH), a blockchain investment firm partnered with ClearVue Partners, has successfully closed its oversubscribed CVP NoLimit Fund II. Targeting native crypto projects in a market projected to hit $15 trillion by 2030, the fund is spearheaded by Gin Chao – a Binance.US board member and former Binance.com Strategy Officer. This development underscores accelerating institutional interest in blockchain adoption, with NLH’s inaugural fund already demonstrating strong traction in the space.

No Limit Holdings Closes Oversubscribed Fund to Target $15 Trillion Digital Asset Market

No Limit Holdings (NLH), a blockchain-focused investment firm, and ClearVue Partners (CVP) have finalized the close of CVP NoLimit Fund II, targeting native crypto projects in an industry projected to reach $15 trillion by 2030. Led by Gin Chao, a Binance.US board member and former Binance.com Strategy Officer, NLH aims to accelerate blockchain adoption globally.

The firm’s inaugural fund, launched in 2022, outperformed Bitcoin with top-tier returns, investing in over 40 projects across DeFi, infrastructure, and emerging sectors like DePIN. One notable investment was Wynd Labs, a core contributor to Grass Protocol, which rewards users for sharing unused internet bandwidth.

CZ Proposes Dark Pool DEX After $100M Hyperliquid Wipeout

Binance founder Changpeng "CZ" Zhao has floated a radical solution to address vulnerabilities in decentralized finance: a dark pool perpetual swap DEX. The proposal follows a $100 million liquidation event on Hyperliquid that exposed how transparent order books enable predatory trading strategies against large positions.

Current DeFi systems broadcast every trade and liquidation threshold on-chain, creating what CZ describes as a "hunting ground" for MEV bots and front-runners. "No major trader wants their $1 billion order visible in real time," he noted, highlighting how transparency invites price manipulation before execution.

The concept targets institutional adoption by shielding whale activity from public view. Unlike traditional DEXs where liquidation points are exposed, the proposed system WOULD conceal large orders and critical thresholds - potentially reducing the frequency of cascading liquidations that plague perpetual markets.