Changpeng Zhao

IP Objective: Changpeng Zhao Minimum Fund Raising Target: 5000 Maximum Fund Raising Target: 100 000 Stake Pool Start Date: 2021.11.26 17:30 Stake Pool End Time: 2021.12.03 18:30

Changpeng Zhao (Chinese: Zhào Chángpéng), commonly known as "CZ", is a Chinese-Canadian business executive. Zhao is the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume as of April 2018. Zhao was previously a member of the team that developed Blockchain.info and also served as chief technology officer of OKCoin. After university, Zhao got an internship in Tokyo working for a subcontractor of the Tokyo Stock Exchange, developing software for matching trade orders. He then worked full-time for 4 years at Bloomberg Tradebook where he was a developer of futures trading software.

In 2005, he moved to Shanghai where he founded Fusion Systems, known for "some of the fastest high-frequency trading systems for brokers."

Beginning in 2013, he worked for various cryptocurrency projects including Blockchain.info and also served as chief technology officer of OKCoin.

In 2017, Zhao left OKCoin to start a cryptocurrency exchange called Binance. He launched the company in July 2017, following a $15 million funding raised during an initial coin offering. In less than eight months, Zhao grew Binance into the world's largest cryptocurrency exchange by trading volume, as of April 2018. Zhao also launched the blockchain network Binance Smart Chain[when?] that has made a significant contribution to the development of the decentralized finance industry.

In February 2018, Forbes Magazine placed him third on their list of "The Richest People In Cryptocurrency". As of 2021, his net worth is estimated at $1.9 billion