CZ’s $10B YZi Labs Opens to Investors - Binance Founder’s Mega-Fund Seeks External Backing

Binance founder Changpeng Zhao cracks open his $10 billion war chest for outside capital—just as traditional VCs scramble for crypto relevance.

The Funding Gambit

YZi Labs transforms from CZ's personal playground into a collaborative investment vehicle. The move signals crypto's maturation beyond founder-led initiatives toward institutional-grade structures.

Market Implications

Ten billion dollars now chases blockchain innovation with fresh investor participation. Expect accelerated development across DeFi, infrastructure, and tokenization projects that traditional finance still struggles to comprehend.

Wall Street's math teachers might finally need to learn what 'decentralized' means—assuming they can look up from their spreadsheet macros long enough to notice.

CZ Seeks Trump Pardon

After stepping down as Binance CEO following his 2023 guilty plea for failing to prevent money laundering, CZ remains the exchange’s largest shareholder. 

He is reportedly seeking a pardon from US President Trump, though his status is unconfirmed. Speculation about his return to Binance arose after he updated his X bio from “ex-Binance” to “Binance.”

Also Read: Binance Founder CZ Suggests Innovation as India’s Rupee Hits Record Low