Yzi Labs, a $100 billion venture capital of Binance founders Changpeng “CZ” Zhao and Yi He, plans to open for outside investors, ignite the possibility of converting it into public funds. YZI Labs head Ella Zhang says that various outside investors are interested and will eventually transform into an outside fund.
In 2022, the company accepted approximately $300 million in external capital, but returned some of the funds due to difficult scalability of the funds already under management. Three years from now, with changes in the regulatory environment and advances in scalability, YZI aims to resume expansion.
As a rebranded company from Binance Labs, YZI Labs focuses on artificial and biotechnology beyond blockchain. However, YZI Labs’ portfolio is largely filled with cryptographic projects, including notable projects such as Ethena Labs, Aptos Labs, Polygon, 1inch Network, Sky Mavis, Layerzero, Mysten Labs, and Certik.
SEC Requests Private Demo for YZI Labs Portfolio
Ella Chan recently told the media to the US Securities and Exchange Commission (SEC) We requested a private demonstration of a company supported by YZI Labs. According to a blockchain industry observer, the SEC’s investigation of YZI Labs’ portfolio companies reflects the growing curiosity and drive for regulatory involvement with major crypto investment companies.
The change in the cryptocurrency regulatory environment, especially after the arrival of the Trump administration and the appointment of Paul Atkins as SEC chairman, helped YZI regain its status as a major global venture. Transnational collaboration with global companies also navigates Trump’s motto of making America the crypto capital of the world.
YZI Lab’s portfolio is filled with crypto projects, but aims to diversify assets and balance crypto volatility with the stability of artificial intelligence and biotechnology. It also supports B Strategy, a US-based BNB finance company that plans to provide BNB-backed stocks in major exchanges through IPOs, with the aim of simplifying traditional investors’ cryptocurrency allocations.
About YZI Lab
YZI Labs is one of the world’s largest blockchain-based investors and manages Binance founder Changpeng “CZ” Zhao and his longtime partner Yi He.CZ. Four months in prison. The company manages more than $10 billion in assets worldwide.
