The rise of Zhao Changpeng

Changpeng Zhao studied computer science at McGill University in Montreal. After graduation, he developed a system for matching trading orders for the Tokyo Stock Exchange and developed futures trading software for Bloomberg. At the age of 27, Changpeng Zhao was promoted to Bloomberg New Jersey. , London and Tokyo team leaders

Zhao Changpeng chose to resign and return to China in 2005, and established Fuxin Information Technology Co., Ltd. in Shanghai to develop high-frequency trading systems for securities firms.

In 2013, Changpeng Zhao learned about Bitcoin and began to get involved in many different cryptocurrency projects. Later, he sold his house and invested all his money in Bitcoin, and joined the team of cryptocurrency wallet Blockchain.info to be responsible for product development. The following year, Changpeng Zhao joined the exchange OKcoin as a co-founder and served as CTO (Chief Technology Officer). After nine months of employment, Changpeng Zhao left OKcoin because he did not agree with the future development direction of the company.

Binance early stage

In July 2017, Changpeng Zhao and his team founded the digital currency trading platform Binance, thus starting a new era of personal development. At the same time, Binance held an ICO (Initial Coin Offering), and BNB (a digital currency issued by Binance) came out. After operation, Binance users reached 6 million within half a year of its creation. Binance also became the world's largest cryptocurrency exchange at that time and has maintained its leading position in the industry.

In 2018, Forbes released its first rich list in the field of digital currency. Changpeng Zhao ranked third with an estimated net worth of US$1.1-2 billion, becoming the only Chinese in the top ten. He also appeared on Forbes Magazine's cover. The following year, Binance announced that it would cooperate with American companies to establish Binance.US (Binance US version) and obtain operating licenses in multiple states in the United States. After that, Changpeng Zhao became a shareholder of Forbes. In 2022, Changpeng Zhao invested US$200 million in Forbes through Binance and became one of the two major shareholders of Forbes.

In 2022, "Forbes Magazine" announced the 36th Global Rich List, and Changpeng Zhao tied for 19th with former Wal-Mart Chairman Rob Walton with a net worth of US$65 billion. #美联储是否加息？ #带你看看币安Launchpad #一起来跟单