Binance’s CZ Discusses Wealth, Crypto Future, and Institutional Adoption

Binance’s CZ Discusses Wealth, Crypto Future, and Institutional Adoption

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In a recent interview with Anthony Pompliano, Binance cofounder and former CEO Changpeng Zhao, known as CZ, addressed various topics including his career beginnings, time as CEO, a prison term, and the future of cryptocurrency.

When asked about the true size of his wealth, CZ did not disclose specific figures. Instead, he emphasized that he holds his assets entirely in cryptocurrency and has sufficient funds to launch any new project that interests him. He noted that money is no longer a constraint; rather, his limited resources are time and energy.

Discussing the industry’s future, CZ expressed strong optimism. He anticipates significant institutional adoption, with growth in crypto ETFs and companies holding treasury assets not only in Bitcoin but also Ethereum and other major coins. Traditional equity markets are expected to expand their presence in crypto extensively.

Moreover, CZ foresees a growing convergence between artificial intelligence and cryptocurrency. He highlighted that many governments will increasingly use blockchain technology for practical applications beyond finance, such as decentralized IDs, rental rights, healthcare benefits, wealth redistribution, and tax systems.

He acknowledged that such a positive outlook would have been unlikely nine months ago but credited the rapid evolution of the crypto space for the change in perspective.