Zhao Changpeng, born in Lianyungang, Jiangsu in 1977, is a Chinese-Canadian entrepreneur. He had a rich growth experience. At the age of 12, he immigrated to Vancouver, Canada with his family and studied computer science at McGill University. After graduation, Zhao Changpeng worked as a software developer at the Tokyo Stock Exchange, and then joined Bloomberg to develop futures trading software, and became a team leader at the age of 27.
In 2005, Zhao Changpeng chose to return to China and founded Fuxun Information Company in Shanghai, focusing on developing high-frequency trading systems for brokerages. In 2013, he learned about Bitcoin through a poker friend and began to get involved in cryptocurrency projects. In 2014, Zhao Changpeng sold his house in Shanghai, invested all his money in Bitcoin, and joined the team of the cryptocurrency wallet Blockchain.info to be responsible for product development.
In 2017, Zhao Changpeng founded Binance, a global cryptocurrency exchange, and served as CEO. Binance rose rapidly in a short period of time and became one of the largest cryptocurrency exchanges in the world. In 2018, Zhao Changpeng was ranked third on the Forbes list of the richest people in the digital currency field with a net worth of $1.1-2 billion, becoming the only Chinese in the top ten at the time and appearing on the cover of Forbes magazine.
However, Zhao Changpeng's career was not smooth sailing. In November 2023, he resigned as CEO of Binance. On April 30, 2024, Zhao Changpeng was sentenced to 4 months in prison in the United States for admitting that he violated anti-money laundering laws. These events show that although Zhao Changpeng has achieved great success in the field of cryptocurrency, his career has also been accompanied by legal and regulatory challenges.
Zhao Changpeng's story is a typical story of a technology entrepreneur. His experience reflects his persistent pursuit of technological innovation and his keen insight into market changes. His life trajectory and the development history of Binance are a microcosm of the development of China's blockchain technology.