{"id":47602,"date":"2025-02-17T13:34:56","date_gmt":"2025-02-17T13:34:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/binance-is-not-for-sale-cz\/"},"modified":"2025-02-17T13:34:56","modified_gmt":"2025-02-17T13:34:56","slug":"binance-is-not-for-sale-cz","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/binance-is-not-for-sale-cz\/","title":{"rendered":"Binance is not for sale: CZ"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1689870819306-75d33959-0f0e-431a-aeab-465cc193d1c3-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1689870819306-75d33959-0f0e-431a-aeab-465cc193d1c3-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1689870819306-75d33959-0f0e-431a-aeab-465cc193d1c3-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1689870819306-75d33959-0f0e-431a-aeab-465cc193d1c3-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Rumours that crypto exchange Binance, the world\u2019s largest by trading volume, is for sale are just that \u2013 rumours.<\/span><\/li>\n<li><span style=\"font-weight: 400\">That\u2019s according to the latest details Binance co-founder Changpeng Zhao \u201cCZ\u201d. <\/span><\/li>\n<\/ul>\n<h2>Binance \u201cnot for sale\u201d<\/h2>\n<p><span style=\"font-weight: 400\">The former Binance CEO, and currently at the helm of YZi Labs, said speculation that the exchange was headed for sale are a result of FUD from \u201csome lowly self-perceived competitor in Asia.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cAs a shareholder, Binance is not for sale,\u201d CZ <\/span><a href=\"https:\/\/x.com\/cz_binance\/status\/1891454582871519714\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">posted on X<\/span><\/a><span style=\"font-weight: 400\"> on Monday, Feb. 17.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The remarks echo those of co-founder Yi He, who has also dismissed the circulating claims as started by a competitor. He added that as a company, <a href=\"https:\/\/coinjournal.net\/news\/tag\/binance\/\">Binance<\/a> continually receives investment and cooperation requests from players across the industry.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Yi, a co-founder of Binance and chief customer service, said the company cannot rule out potential strategic partners. Binance is open to mergers and acquisitions, she <a href=\"https:\/\/x.com\/heyibinance\/status\/1891410380536074582?s=46\" target=\"_blank\" rel=\"noopener\">noted<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cTop investors have always been interested in Binance. Over time, we may allow some investments in the single-digit percentage range,\u201d Zhao added.<\/span><\/p>\n<p><span style=\"font-weight: 400\">CZ\u2019s comments follow notable speculation regarding the potential sale of the top CEX platform. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Zhao himself stepped down as Binance CEO in 2023. He served a four-month prison sentence after a plea deal with US authorities, that saw the exchange agree a $4.3 billion settlement. The exchange is also still in a legal tussle with the SEC.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Afte the latest rumours, the native BNB token that surged in the past week pared gains. However, with CZ, who is a shareholder at the company, adding to comments by He, price could see an upside.<\/span><\/p>\n<p><span style=\"font-weight: 400\">BNB price hovers around $673, flat in the past 24 hours and about 10% up over the past week.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/binance-is-not-for-sale-cz\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Rumours that crypto exchange Binance, the world\u2019s largest by trading volume, is for sale are just that \u2013 rumours. That\u2019s according to the latest details Binance co-founder Changpeng Zhao \u201cCZ\u201d. Binance \u201cnot for sale\u201d The former Binance CEO, and currently at [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":47603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/47602"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=47602"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/47602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/47603"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=47602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=47602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=47602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}