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Binance founder Changpeng Zhao (CZ) has disclosed information on his cryptocurrency investment portfolio, showing that almost all of his holdings are BNB.
Zhao revealed in a post on Binance Square that BNB, Binance’s native cryptocurrency, makes up 98.48% of his portfolio. Among his other holdings are 1.32% Bitcoin (BTC) and lesser stakes in stablecoins, such as 0.03% USDT and 0.17% EURI.
CZ utilized Binance Square’s new Trader Profile feature, which allows users to publicly showcase their crypto allocations. “Binance Square is enhancing transparency with its latest feature, Trader Profile, enabling users to publicly share their crypto portfolio allocation,” Binance stated in the announcement.
Zhao’s move highlights his continued confidence in Binance’s ecosystem, despite his departure from the company’s leadership.
Zhao is not allowed to take on a leadership position at Binance again after resigning as CEO and receiving a four-month term for breaking U.S. anti-money-laundering rules. He still works in the field, though.
He currently advises YZi Labs, Binance’s $10 billion venture financing arm, which was formerly known as Binance Labs. Under the direction of Ella Zhang, the former head of Binance Labs, the company supports up-and-coming blockchain firms and advances technology.
Zhang recently reiterated YZi Labs’ commitment to innovation, stating, “Our mission remains the same: to empower visionary entrepreneurs and push technological boundaries across multiple sectors.”