CZ Reveals Crypto Portfolio With 98.5% Allocation to BNB, 1.3% to BTC
Changpeng "CZ" Zhao, co-founder and former CEO of Binance, has revealed his crypto portfolio on the Binance Square platform. According to his latest post, the majority of his digital assets are allocated to BNB, the native token of BNB Chain, with an overwhelming 98.48%.
CZ's Portfolio Details
According to data from the post, Bitcoin (BTC) only accounts for 1.32% of CZ's portfolio, a surprising number given that BTC is still the world's leading cryptocurrency. In addition, CZ also holds a small amount of stablecoins such as EURI (0.17%) and USDT (0.03%).
Previously, CZ mentioned that he only owns BNB and BTC, but did not disclose the specific amounts. When a user on social media X asked him to share his investment portfolio, CZ initially joked, “Where’s the button?”—a reference to the complexity of decentralized exchanges (DEXs). However, just minutes later, he posted the details of his portfolio.
Asset Mystery
The presence of the EURI stablecoin in CZ’s portfolio has many wondering about its origin. CZ is also uncertain about this, speculating that it may be related to the Binance Card in its early days.
Another notable point is the presence of sBTC, a digital asset designed to represent Bitcoin on the Stacks network. CZ has been quite confused about this asset, admitting that he is not sure of its origin and cannot even sell it.
Is CZ’s Net Worth $47.8 Billion?
CZ's portfolio information was revealed just weeks after he accidentally created a memecoin craze by sharing a picture of his dog named Broccoli. Soon after, a series of tokens with the symbol "BROCCOLI" were minted, attracting strong interest from the crypto community.
Previously, the BNB Chain development team also released a test memecoin called TST on the Four.meme platform. Initially, TST was not intended for public trading, but after just one post by CZ on social network X, the price of this token skyrocketed more than 2,000% before being listed on Binance.
According to the Bloomberg Billionaire Index, CZ's net worth is estimated at $47.8 billion, making him the 31st richest person in the world. However, CZ has denied this figure, asserting that his actual assets are not that high.
Career Moves
Last November, CZ pleaded guilty to violating the US Bank Secrecy Act and agreed to pay a $50 million fine. He also stepped down as CEO of Binance as part of a settlement with the US Department of Justice. After serving a four-month prison sentence, he was released in September last year.
Despite stepping down from his leadership position at Binance, CZ remains a highly influential figure in the crypto industry. His portfolio not only reflects his strong belief in the BNB ecosystem, but also continues to attract the attention of the global financial community.
