Changpeng Zhao (CZ), founder of Cryptocurrency Exchange Binance, issued a notable statement at the BNB Day event held in Tokyo today.
CZ said the BNB chain is primarily community-driven, adding that his personal contributions are limited. He is primarily involved by tweeting and encouraging people to develop projects.
CZ also revealed that he holds a large amount of BNB in a significant portion of the wealth he is tied to this asset. He said if he is 20 years younger, he would develop AI-powered trading tools and a permanent DEX focused on privacy. He argued that decentralized exchanges (DEX) trading volume exceeds future centralized exchanges (CEX), and that debt is the future of finances.
CZ hopes to establish a BNB chain team domestically and develop more artificial intelligence and robot-based projects, as real world assets (RWA) are still in their early stages, with great potential and Japan providing the right environment from a technological development and business culture perspective.
CZ also touched on the topic of the Ministry of Finance for Digital Assets (DAT) and said that these can make crypto investments more accessible through the open market and can be sustainable if managed properly. He pointed out that while basketball strategies rely heavily on management, the single asset Treasury is simpler.
According to CZ, the next big breakthrough in the crypto ecosystem could come from the convergence of AI, RWA and Stablecoins on the blockchain.
*This is not investment advice.