YZi Labs, the family office founded by Binance co-founder Changpeng “CZ” Zhao, may open up to external investors, the Financial Times reported on Tuesday. The $10 billion investment company, which was rebranded from Binance Labs, is open to the possibility of converting into an investment fund, head of YZi Labs Ella Zhang said in an
Bitcoin (BTC), Ethereum (ETH), and altcoins started the new week with sharp declines yesterday. Following yesterday’s sell-off, over $1.7 billion worth of leveraged positions were liquidated. Markets are starting to show signs of stability as investors try to digest one of the biggest liquidations of the year. At this point, BTC is holding above $112,000
Changpeng “CZ” Zhao’s $10 billion investment firm YZi Labs is weighing plans to open the fund to outside capital and external investors. YZi Labs manages Zhao’s personal fortune and funds from a few early Binance insiders, including co-founder Yi He. The fund accepted about $300 million in outside funding in 2022, but later returned part
The total stablecoin supply has reached a record-breaking $283.2 billion, and it’s not the only milestone. The number of monthly stablecoin senders just climbed to 25.2 million, the highest ever recorded, according to data from Token Terminal. So far in 2025, startups working on stablecoin projects have pulled in $621.81 million in funding. That’s not
Key Takeaways Jim Cramer recommends investing in individual stocks as opposed to broad market indices, highlighting Apple and Nvidia as examples of outperforming companies. Nvidia has risen nearly 37% year-to-date through September 2025, fueled by demand for its AI chips and data center technologies. Jim Cramer, the CNBC “Mad Money” host, has advocated for investing
JPMorgan CEO Jamie Dimon said the US Federal Reserve will have a hard time cutting the interest rate unless inflation drops, and isn’t worried about stablecoins posing a threat to the banking sector. “If inflation does not go away, it’s going to be hard for the Fed to cut more,” Dimon, the head of the
Key Takeaways Bitcoin spot ETFs saw $363 million in outflows on Sept. 22. These ETFs, launched in the US in 2024, directly hold Bitcoin to track its price. Bitcoin spot ETFs recorded $363 million in outflows on Monday, with no inflows across any of the 12 approved funds. The outflows affect regulated investment vehicles launched
CleanSpark Inc. shares ticked higher Monday, extending last week’s bullish momentum after the company announced an expanded Bitcoin-backed credit facility with Coinbase Prime. The Las Vegas–based mining firm closed regular trading at $13.74 but jumped more than 8% in after-hours, reaching $14.86 following news of the deal. The stock is currently up 6% after hours,
Onino, a Europe-based tokenization engine, announced a strategic collaboration with GBeast, a meme coin social ecosystem. With this partnership, GBeast leverages Onino’s tokenization platform to expand its offerings beyond meme coins. Onino is a Layer-1 blockchain network and tokenization platform designed to bring scalable, compliant, and transparent RWAs on-chain. On the other hand, GBeast is
Bitcoin (BTC) traded at $112,623 as of press time, setting up a potential retest of the $105,500 support zone after losing the critical $115,000 level following the Federal Reserve’s Sept. 17 rate cut. BTC briefly touched $118,000 in the immediate aftermath of the Fed’s 25 basis point cut. However, a profit-taking movement triggered a pullback