According to the Head of Binance - Changpeng Zhao - traditional financial institutions and investors have started to rapidly enter
Changpeng Zhao, or CZ, is one of the founders and the current Chief Executive Officer (CEO) of the leading cryptocurrency exchanges, Binance.
Previously, Zhao was part of the team that developed the popular resource Blockchain.info, and he has also served as the Chief Technology Officer (CTO) of OKCoin.
Born in China’s Jiangsu province in the year of 1977, Zhao, along with his family, moved to Vancouver (Canada) in the late 80s.
In February 2018, Forbes Magazine ranked him as the third on the “Richest People in Cryptocurrency” list.
Under his watch, Binance has managed to become one of the leading cryptocurrency exchanges. Not only does it see the highest amount of adjusted (real) trading volume in the years of 2017 – 2019, but it strives to create and to bring digital assets to the masses.
This is how Gin Chao, Binance’s CSO, describes CZ in an interview with CryptoPotato during 2019:
“CZ wants to keep the organization flat and entrepreneurial, and he’s done a pretty good job of maintaining that so far.”
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