Binance founder Changpeng ‘CZ’ Zhao shares his vision of web3 opportunities at TC Sessions: Crypto • TechCrunch
When it comes to the decentralized crypto world, few single entities are bigger or hold more weight in the industry than exchange behemoth Binance. The blockchain giant processed $34 trillion in trading volume in 2021, it said, and the exchange shows few signs of resting on its laurels as it pursues bold new plays to diversify its business.
At the forefront of these changes is Binance founder and CEO Changpeng Zhao.
The leader, commonly known as “CZ”, has managed to cultivate a celebrity status in the crypto space rivaled only by some of the world’s patron saints, including the pseudonymous Satoshi Nakamoto and Ethereum founder Vitalik Buterin. Zhao is worth an estimated $65 billion.
We are pleased to welcome Changpeng Zhao to TC Sessions: Crypto 2022 in Miami on November 17th. CZ will be joining us on stage virtually, and we look forward to discussing global market opportunities in a bear market, regulatory challenges ahead and where opportunities are (and aren’t) in web3.
Binance has been extremely busy in 2022, even amid a crash in cryptocurrency prices and macroeconomic uncertainty.
The company has continued to diversify its offerings and look for new markets. In recent months, the company’s state-owned unit Binance.US has earned new investment as it strives to topple incumbents such as Coinbase.
Competitors have also noticed. And while Binance sits comfortably at the top of the crypto exchange market, rising competitors like FTX are seeking to find new opportunities to increase market share, pursue bold M&A strategies and scale venture capital.
The stock market’s breakneck growth has also attracted attention from regulators, particularly in the US. This summer, Bloomberg reported that the SEC was investigating Binance’s 2017 coin offering of its BNB token. This ecosystem is now the third largest non-stablecoin cryptocurrency by market capitalization with a value north of $40 billion.
TC Sessions: Crypto will take place on November 17 in Miami. Take advantage of our special launch pricing – save $250 on general admission passes while supplies last. Buy your pass today and join the web3, DeFi and NFT communities to keep up with the ever-evolving and always exciting cryptoverse.
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