Binance Founder Sees Opportunity Amid Market Downturn

The founder of Binance, Changpeng Zhao (CZ), has invested in various blockchain and technology projects through his family office, YZi Labs.

CZ believes that these investments have potential to be among the best-performing ones for the company. He attributes this optimism to the fact that they were made during a time of market downturn.

The YZi Labs is a family office that manages CZ's and Binance co-founder Yi He's wealth, with over $10 billion in assets under its control. The company was formed from the former Binance Labs investment arm.