🚀 Binance Founder ‘CZ’ Invests $16M in Token Airdrop Platform – Crypto Resurgence?

CZ Backs New Airdrop Service After Prison Release

After serving a four-month U.S. prison sentence, former Binance CEO Changpeng ‘CZ’ Zhao has been actively reshaping Binance’s venture capital division into a new entity called YZi Labs.

On Tuesday, YZi Labs announced its first major investment—leading a $16 million funding round for Sign, a startup focused on simplifying token distribution and integrating credential verification on-chain.