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Binance Says CZ Has Had No Operating Role Since 2023, Serves as Aster Adviser

Source
JOON HYOUNG LEE

Summary

  • Binance said Changpeng Zhao has not been involved in Binance operations since 2023.
  • Binance Co-CEO He Yi said Changpeng Zhao is serving as an adviser at Aster.
  • Aster is a Binance Coin (BNB)-based project backed by YZi Labs, Binance’s venture capital arm.

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Photo: Lee Young-min
Photo: Lee Young-min

Binance said founder Changpeng Zhao has not been involved in the exchange’s operations since 2023.

BlockBeats reported on June 17 that Binance Co-Chief Executive Officer He Yi wrote on X that Zhao has not participated in the company’s operations since 2023.

He Yi added that Zhao is serving as an adviser to Aster. Aster is a BNB-based project backed by YZi Labs, a venture capital firm affiliated with Binance.

JOON HYOUNG LEE

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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