Former Chinese billionaire and Binance founder Zhao Changpeng (CZ) returns to the scene, planning to invest in cryptocurrency, blockchain, and artificial intelligence (AI) in 2025.
Binance Labs revealed that former Chinese billionaire and Binance founder Zhao Changpeng (CZ) has returned to work. Although he cannot resume the position of CEO due to a plea agreement with the U.S. Department of Justice, he plans to invest in industry projects personally in 2025. Recently, he notably reconciled with billionaire Elon Musk on Twitter and mentioned he has read all versions of Musk's biography.
As Binance's venture capital arm, Binance Labs announced in an article on the last day of 2024 that it will soon operate under a different name and plans to invest in more projects in 2025, specifically listing cryptocurrency, blockchain, artificial intelligence (AI), and biotechnology as key focus areas.