Binance founder #CZ outlines post-custody plans focusing on blockchain, AI, biotech, and charity, signaling innovation and social impact.
Binance founder Changpeng “CZ” Zhao has articulated his vision for the future after his release from custody recently. He emphasizes a continued commitment to blockchain technology, artificial intelligence (AI), and biotechnology, highlighting his long-term dedication to these fields.
Despite facing legal challenges in the United States, Zhao remains optimistic with a focus on impact and not returns.
Binance Founder Changpeng Zhao Charts New Path in Tech and Charity Post-Custody
In a reflective statement made on the social media platform X, Changpeng “CZ” Zhao shared his experiences and aspirations following his recent stint in custody. Released on September 27 from a correctional facility in California, Zhao outlined a series of initiatives he plans to focus on in the coming years.
Central to his message was the commitment to driving technological innovation and social impact, particularly through new ventures in education and charity. The Binance founder expressed his long term commitment to blockchain stating,
In addition, Zhao noted the success of his recently launched project, Giggle Academy, an online educational platform providing accessible learning opportunities. He expressed his enthusiasm about dedicating more time and resources to this non-profit initiative, which will be part of his life moving forward.
Continuing Investment in Innovation
Despite the setbacks associated with legal issues in the US, including a hefty fine and compliance monitoring, Changpeng “CZ” Zhao remains undeterred in his support for technologies. He reiterated his investment strategy, which focuses on impact over returns.
Binance, under Zhao’s leadership prior to stepping down, played a pivotal role in shaping the digital asset exchange landscape. With Richard Teng now at the helm, Zhao expressed confidence in Binance’s ability to continue thriving without his direct involvement.
Additionally, recently at the Token2049 conference in Singapore, Binance CEO Richard Teng disclosed that the platform has experienced a 40% growth in institutional and corporate investors this year. Teng emphasized that this is just the beginning of institutional involvement in the crypto market, suggesting that the current investment levels represent merely the “tip of the iceberg.”
#BinanceLaunchpoolHMSTR #EIGENonBinance #BTCReboundsAfterFOMC #moonbix $BNB
