Bitcoin Forum
August 29, 2025, 07:37:28 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Billionaire Binance founder ‘CZ’ jumps back into crypto  (Read 143 times)
zasad@ (OP)
Legendary
*
Offline Offline

Activity: 2226
Merit: 5137


♻️ Automatic Exchange


View Profile WWW
January 30, 2025, 08:39:10 AM
 #1

https://www.yzilabs.io
CZ- intern
YZi Labs (formerly Binance Labs)

https://fortune.com/crypto/2025/01/28/billionaire-binance-cz-founder-jumps-back-into-crypto-with-16-million-investment-in-token-airdrop-service-sign/
"After wrapping up a four-month U.S. prison sentence in September, former Binance CEO Changpeng ‘CZ’ Zhao has been busy transforming Binance’s venture capital arm into a new entity known as YZi Labs. On Tuesday, YZi Labs announced its first investment: leading a $16 million funding round into a startup called Sign, a platform seeking to simplify token distribution and bring credential verification on-chain.

“Proper distribution builds trust, and verification is an essential part of it. As more people move on-chain, this is a critical part of the foundational infrastructure,” Zhao, who is known to everyone in the crypto world as “CZ”, said in an email.

Sign offers a suite of products but is best known for its service that helps distribute newly created crypto tokens in a process called airdrops, which typically involve rewarding early users of a project. The airdrop process is a later innovation that was not used by early blockchains like Bitcoin, which rely entirely on mining to distribute tokens."

░░░░▄▄████████████▄
▄████████████████▀
▄████████████████▀▄█▄
▄██████▀▀░░▄███▀▄████▄
▄██████▀░░░▄███▀▀██████▄
██████▀░░▄████▄░░░▀██████
██████░░▀▀▀▀▄▄▄▄░░██████
██████▄░░░▀████▀░░▄██████
▀██████▄▄███▀░░░▄██████▀
▀████▀▄████░░▄▄███████▀
▀█▀▄████████████████▀
▄████████████████▀
▀████████████▀▀░░░░
 
 CCECASH 
 
    ANN THREAD    
 
      TUTORIAL      
Oshosondy
Legendary
*
Offline Offline

Activity: 1918
Merit: 1327


Gamble responsibly


View Profile
January 30, 2025, 08:46:35 AM
 #2

But I did not see how this is related to bitcoin not to talk of it being in bitcoiln legal board. This is about Binance founder that is investing in tokens and not bitcoin.

You can post this on altcoins discussion board instead. It does not fit into bitcoin board at all. I also think this is not worth discussing about.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io   Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
avikz
Legendary
*
Offline Offline

Activity: 3556
Merit: 1559



View Profile
January 30, 2025, 05:19:28 PM
 #3

It's good to see a crypto focused angel fund available in the market. There are so many angel funds available for the mainstream businesses but not in crypto. I hope YZi Labs will help crypto businesses with investment to build the next big thing in crypto market.

I also hope, US administration will now become a little more friendly towards the crypto businesses and allow them to grow and prosper. Biden administration was very hostile to cryptos unfortunately.
zasad@ (OP)
Legendary
*
Offline Offline

Activity: 2226
Merit: 5137


♻️ Automatic Exchange


View Profile WWW
January 31, 2025, 10:47:47 AM
 #4

But I did not see how this is related to bitcoin not to talk of it being in bitcoiln legal board. This is about Binance founder that is investing in tokens and not bitcoin.

You can post this on altcoins discussion board instead. It does not fit into bitcoin board at all. I also think this is not worth discussing about.
If information about the most famous person in the crypto world doesn't fit in the legal section, I don't even know where to discuss it.

CZ had certain agreements with the US government, but now he will probably cost another big crypto company, which will have a big impact on the whole crypto world and on the legal law in this area.

░░░░▄▄████████████▄
▄████████████████▀
▄████████████████▀▄█▄
▄██████▀▀░░▄███▀▄████▄
▄██████▀░░░▄███▀▀██████▄
██████▀░░▄████▄░░░▀██████
██████░░▀▀▀▀▄▄▄▄░░██████
██████▄░░░▀████▀░░▄██████
▀██████▄▄███▀░░░▄██████▀
▀████▀▄████░░▄▄███████▀
▀█▀▄████████████████▀
▄████████████████▀
▀████████████▀▀░░░░
 
 CCECASH 
 
    ANN THREAD    
 
      TUTORIAL      
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!