![]() ![]() Zhao added that Binance may have interest in taking stakes in traditional e-commerce and gaming companies in the future. By comparison, the company invested $140 million across 73 projects in 2021. The owner of the largest crypto exchange Binance, Changpeng Zhao scored the 11th spot in the hall of the world’s richest people, according to. ![]() With a net worth of 96B, the CEO of Binance Changpeng Zhao is close to entering the top 10 of the world’s richest. Zhao, commonly referred to as CZ within the crypto space, revealed this in an interview with Bloomberg. Binance’s CEO Stays Humble After Ranking as the 11th Richest Person in the World. A $200 million investment into Forbes and $500 million of financing towards Elon Musk's Twitter takeover remain on the table – those deals could take the spend to more than $1 billion for 2022. federal prosecutors asked Binance, the worlds largest cryptocurrency exchange, to provide extensive internal records about its anti-money laundering checks, along with communications. 08 October 2022 Binance CEO, Changpeng Zhao, has stated that the global leading digital-asset platform may spend more than 1 billion on investment by the end of this year. In that case, what’s to acquire? We want to see real products that people use."īinance so far this year has committed $325 million to 67 projects, according to the article. "Many of them, they just take a user’s money and give it to somebody else. Amid such concerns, Binance CEO, Changpeng Zhao, opines that the crypto industry might grow and develop, but the regulatory framework is not defined. While FTX's Sam Bankman-Fried has been pouring money into distressed assets, saying he has at least 1 billion to spend on such moves, Binance CEO Changpeng. But it seems that the regulatory authorities are waking up to strengthen the system. ![]() In a blog post published on October 9, Zhao explained that decentralization was not absolute and that there are several key aspects to it. "We did look at a lot of lenders in recent months, because that’s where all the issues are," Zhao told Bloomberg in an interview. October 7, 2022, 8:18 AM 1 min read While FTX's Sam Bankman-Fried has been pouring money into distressed assets, saying he has at least 1 billion to spend on such moves, Binance CEO Changpeng. There has been a lot of developments in the crypto space since its inception. US federal prosecutors asked Binance, the worlds largest cryptocurrency exchange, to provide extensive internal records about its anti-money laundering checks, along with communications involving its chief executive and founder Changpeng Zhao, according to a late-2020 written request seen by Reuters. Changpeng Zhao, CEO of Binance, pondered on the importance of decentralization and how this characteristic must not be the objective, but a tool to achieve several objectives related to a cryptocurrency project. While FTX's Sam Bankman-Fried has been pouring money into distressed assets, saying he has at least $1 billion to spend on such moves, Binance CEO Changpeng Zhao's acquisition strategy has focused on expanding into publishing, decentralized finance (DeFi) and non-fungible token (NFT) projects. ![]()
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