CZ refutes rumors of sale
According to previous reports from Zombie, rumors about the upcoming sale of Binance have spread in the community, prompting Binance co-founder He Yi to personally explain the situation. Zhao Changpeng (CZ), who is also the founder and former CEO, later posted on social media to refute the rumors and claimed that they came from "some self proclaimed competitors smearing (FUD)".
CZ posted on X stating:
Some low-level Asian competitors are spreading FUD, claiming that Binance (CEX) is for sale
This statement is in response to recent speculation on social media that Binance may be selling assets or even planning to partially sell company shares.
Small scale investments may be opened up in the future
Although CZ firmly denies that Binance is selling company shares, he suggests that minority shareholders may be allowed to participate in investments in the future.
Top investors have always been interested in Binance, and over time, we may allow investments in a single digit percentage range
In addition, He Yi also added on X that Binance often receives investment requests from potential investors, and hinted that Binance may consider mergers and acquisitions (M&A).