CZ’s $10B Yzi Labs to Open to External Investors
Yzi Labs, the $10 billion family office of Binance co-founder Changpeng Zhao, is set to evolve into an external-facing investment fund by opening to outside investors. Since its rebrand from Binance Labs in early 2025, the 12-member team has deployed capital across 250 Web3, crypto, AI, robotics and biotech startups. Head Ella Zhang says the firm will only welcome external funding once it deepens its expertise in AI and biotechnology. The shift from single-family wealth management to a broader fund could boost capital inflows and diversify investor participation but may attract heightened U.S. regulatory scrutiny given Zhao’s 2023 money-laundering conviction and Binance’s $4.3 billion penalty.
Neutral
The planned transition of Yzi Labs into an external fund could strengthen venture support by increasing capital availability, benefiting the broader crypto startup ecosystem in the long run. However, the potential for heightened U.S. regulatory scrutiny and the indirect nature of the impact on mainstream crypto tokens limit any immediate market-moving power. Traders may view the news as a positive signal for venture funding in Web3 and related sectors but not as a direct catalyst for token price rallies, resulting in a neutral overall market impact.