YZi Labs invests tens of millions of dollars in Genius Trading, with CZ joining as an advisor.
TL;DR
YZi Labs, co-founded by CZ and He Yi, invests tens of millions in Genius Trading, with CZ as advisor. Genius aims to be a privacy-first decentralized Binance, having processed over $60M in tests and planning a public test in Q2 2026.
Tags
According to Foresight News , citing The Block, YZi Labs, founded by CZ and He Yi, has invested "tens of millions of dollars" in Genius Trading, with Zhao joining the project as an advisor. Genius aims to build a privacy-first on-chain trading platform offering spot, perpetual contracts, and copy trading, with the goal of becoming a decentralized version of Binance. The platform has already processed over $60 million in transactions during its testing phase and plans to launch a public privacy protocol test in Q2 2026.