The $ 10 billion investment of Changpeng “CZ” Zhao has weighted plans to open funds out of capital and external investors.
The Yzi Labs manage Zhao’s personal fate and funds from some early Binance insider, including co-founder Yi He. The funds received about $ 300 million out of the fund in 2022, but eventually returned its part, noting the excessive size of the capital under the management.
“There are always many external investors interested,” Ella Zhang, who filled the fund, said The financial times. “Eventually we will consider to be an external facing fund. We think it’s not there yet.”
The Yzi Labs portfolio includes well -known crypto and web3 projects such as Aptos Labs, Polygon, 1inch network, Sky Mavis, and infrastructure and security firms such as Layerzero, Mysten Labs and Certik. It has more than 230 companies in its portfolio, According to In the Dealroom.
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SEC is looking for the YZI labs portfolio private demo
Zhang told FT the Securities and Exchange Commission (SEC) recently requested a private demo of companies supported by YZI LABS, after its chair overlooked the day of the New York Stock Exchange fund demo, which signed a more crypto-friendly bearing from US regulators under the Trump administration.
“Paul Atkins and other commissioners are very open-minded,” he said. The Atkins served as the SEC chair from April 2025.
Zhao Resigned from Binance last year After seeking a criminal charge in the US in the failure to implement Anti-Money Laundering (AML) Controls.
She is served a four -month prison And now that Looking for a forgiveness from US president Donald Trump. Despite the decline, he remains Binance’s largest shareholder.
The cointelegraph reached the YZI labs for commenting, but did not receive a response by publishing.
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Galaxy digital first external fund raises $ 175 million
Moving the Yzi Labs to consider external investors came in the midst of increasing demand for crypto-native investment funds. In June, Galaxy Digital Raised $ 175 million For its first external back fund fund. The fund exceeds the initial target of $ 150 million.
In July, Bitcoin’s analyst Willy Woo announced that he had sold most of his Bitcoin (Btc), He claims can earn a higher return by investment In Bitcoin infrastructure. Woo said the Bitcoin startups of the early stages offer 100-1,000x potential return.
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