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CZ Binance

BINANCE CEO

Changpeng Zhao is a Chinese-born Canadian Software Engineer who is now known as the CEO of Binance, the largest crypto exchange in the world. In the early years of his career, he worked for a subcontractor of the Tokyo Stock Exchange. Being experienced in developing software for matching trade orders, CZ went on to develop Fusion Systems, a startup company. The company was praised as one of the fastest automated high-frequency trading platforms for stockbrokers. 

CZ was also one of the members of the Blockchain.info team and even served as the CTO for OKCoin. He raised over $15 million for Binance in its Initial Coin Offering in July 2017. Binance became one of the largest crypto exchanges in the world in less than eight months after its launch. In the next year, Forbes placed CZ third on their list of “The Richest People in Cryptocurrency.”

Changpeng Zhao is a Chinese-born Canadian Software Engineer who is now known as the CEO of Binance, the largest crypto exchange in the world. In the early years of his career, he worked for a subcontractor of the Tokyo Stock Exchange. Being experienced in developing software for matching trade orders, CZ went on to develop Fusion Systems, a startup company. The company was praised as one of the fastest automated high-frequency trading platforms for stockbrokers. 

CZ was also one of the members of the Blockchain.info team and even served as the CTO for OKCoin. He raised over $15 million for Binance in its Initial Coin Offering in July 2017. Binance became one of the largest crypto exchanges in the world in less than eight months after its launch. In the next year, Forbes placed CZ third on their list of “The Richest People in Cryptocurrency.”

Net worth of CZ Binance in 2023

Name Changpeng Zhao
Born 05-02-1977
Net Worth $10.2 billion as of June 2023
Nationality Canadian
Occupations Software Engineer, Investor, Businessman

CZ Binance's Investments

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    Binance

Latest news about CZ Binance

Frequently Asked Questions (FAQs)

1. What is CZ’s net worth?

According to Forbes, the net worth of Binance CEO CZ is $10.2 billion as of June 2023. CZ was one of the 25 financial titans in a Bloomberg report, who made wealth through computer-driven trading companies.

2. How did CZ get so rich?

CZ is the CEO of the largest crypto exchange in the world, Binance. As per Bloomberg, a majority of his wealth comes from his controlling stake in Binance Holdings.

3. What is the CZ controversy with CFTC?

Commodity Futures Trading Commission claimed that Binance CEO CZ violated US trading laws. It alleged that Binance helped its employees and customers in avoiding the laws to maximize profits.