Cryptocurrency richest man CZ turns venture capital firm into giant family office
2025-01-23 19:48:00 : (Bloomberg) — Changpeng “CZ” Zhao, months out of prison and worth $70 billion as cryptocurrencies continue to rally, is converting his Binance Holdings Ltd.’s former venture capital arm into a family office. Binance Labs, which manages about $10 billion in crypto-related assets, will change its name to YZi Labs, according to a … Read more