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Special Statements from Binance Founder Changpeng Zhao: He Revealed the Altcoin in Which He Holds Almost All of His Wealth

en.bitcoinsistemi.com

6 hour ago

Special Statements from Binance Founder Changpeng Zhao: He Revealed the Altcoin in Which He Holds Almost All of His Wealth

Changpeng Zhao (CZ), founder of cryptocurrency exchange Binance, made remarkable statements at the BNB Day event held in Tokyo today. CZ stated that BNB Chain is primarily community-driven, adding that his personal contribution is limited; he mostly gets involved by tweeting and encouraging people to develop projects. CZ also revealed that he holds a large amount of BNB, with a significant portion of his wealth tied to this asset. He stated that if he were 20 years younger, he would develop an AI-powered trading tool and a privacy-focused, permanent DEX. He argued that decentralized exchange (DEX) trading volumes will surpass centralized exchanges (CEX) in the future, and that DeFi is the future of finance. CZ stated that real-world assets (RWA) are still in the early stages but have great potential, and that Japan offers a suitable environment in terms of technological development and business culture, therefore he wishes to establish a BNB Chain team in the country and develop more artificial intelligence and robotics-based projects. CZ also touched on the topic of digital asset treasuries (DAT), stating that these make crypto investments more accessible through public markets and that they can be sustainable if managed properly. He noted that single-asset treasuries are simpler, while basket strategies are highly dependent on management. According to CZ, the next big breakthrough in the crypto ecosystem could come from the convergence of AI, RWA, and stablecoins on the blockchain. *This is not investment advice.

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