Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BNB Zhao Changpeng: YZi Labs may set the best return in history when deploying capital in cold winter.
Binance founder and celebrity @cz_binance (Zhao Changpeng) said that the capital invested by his investment company @yzilabs in the past few months will become one of the best performing investments in the company's history. On August 28, he pointed out at an event in Hong Kong that deploying during the "crypto winter" of compressed valuations could position these bets at the bottom of the market cycle.
From Binance Laboratory to Independent Institution
YZi Labs was officially launched in January 2025 and was previously named Binance Labs. The rebranding transformed the institution from Binance's venture capital department to the family office of Zhao Changpeng and Binance's co-founder Yi He, with Zhao Changpeng actively involved in investment decisions.
As one of the world's largest cryptocurrency investors, the institution manages Zhao Changpeng's personal wealth and the funds of a few early Binance executives, including co-founder He Yi. Currently, the agency is led by Ella Zhang, a founding member of Binance Labs who has been responsible for leading YZi Labs and overseeing its broader strategic ambitions after her return.
Under her predecessor's leadership, the agency has successfully incubated more than 40 transformative projects, including Polygon, Aggressive Protocol, and Dune Analytics.
Broader investment mission
YZi Labs has expanded its focus from Web3 and blockchain projects to emerging areas such as artificial intelligence (AI) and biotechnology, and is actively investing. As of early 2025, YZi Labs managed a portfolio worth more than US$10 billion, covering more than 250 projects including Sky Mavis, LayerZero, Aptos Labs and Polygon.
Recent investments include additional capital injections in Ethena Labs, as well as investments in $BNB-focused crypto treasury firms B Strategy and CEA Industries. In addition, the agency is also involved in AI, completing its first investment in the AI sector by funding Vana, a cryptographic AI project focused on data ownership.
In a market environment where the crypto market cycle is volatile, AI development seems unstoppable, and biotechnology takes decades to show results, YZi Labs deliberately positions itself as a participant across multiple technological frontiers. Zhao Changpeng's remarks at an event in Hong Kong further confirmed his long-standing belief that the best time to enter often comes when the market is silent, not when it is noisy.
