CZ Says YZi Labs’ Crypto Winter Bets Could Deliver Its Best Returns

Changpeng Zhao (CZ) believes YZi Labs recent investments could become some of the firms strongest performers, pointing to favorable timing during the crypto market downturn. The Binance founder linked his confidence to investments made when cryptocurrency prices were trading near their lows. YZi Labs, which evolved from Binance Labs, manages more than $10 billion for Zhao and Binance co-founder Yi He and now operates as an independent investment firm. During an August 28 book club session in Hong Kong, Zhao argued that the surge of capital flowing into artificial intelligence has helped…  Read more

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