CZ’s $10M BNB donation to Vitalik’s Kanro fund highlights a growing shift in crypto philanthropy toward healthcare system reform.
The YZi Labs-inspired donation shows CZ’s hands-on approach to biotech innovation that bypasses corporate control and boosts patient-first models.
Crypto leaders like CZ and Vitalik are using blockchain wealth to fund biotech, legal aid, and conservation with long-term systemic impact.
Binance founder Changpeng Zhao (CZ) has donated $10 million worth of BNB to Vitalik Buterin’s biotech fund, Kanro. This strategic contribution underscores CZ’s growing focus on reforming global healthcare systems through open-source innovation. He disclosed the donation after expressing admiration for YZi Labs' efforts, which champion people-first biotech solutions.
CZ revealed his donation while reacting to a post by YZi Labs, emphasizing his commitment to innovation that prioritizes patients over profits. He described the donation as “just doing my little part,” but the gesture reflects his deeper push against profit-driven healthcare. The Kanro fund, founded by Ethereum’s Vitalik Buterin, backs radical biotech initiatives aiming to revolutionize access to care.
Empowering Founders, Not Corporations
CZ’s giving philosophy focuses on supporting overlooked scientists and founders developing ideas that traditional healthcare systems ignore. He believes innovation often gets blocked by corporate bureaucracy. Hence, he bets on small, agile teams building solutions for patients often neglected by mainstream medicine.
Moreover, CZ favors an active investment role. He meets with biotech founders directly instead of offering detached financial backing. The YZi Labs partnership grew from ongoing conversations about families left behind and patients struggling for answers. Consequently, his biotech push is rooted in empathy and direct engagement. Additionally, CZ hinted at more undisclosed donations that yielded strong results. He plans to release those details soon.
A Shared Vision for Crypto Philanthropy
Vitalik Buterin’s Kanro fund continues to attract funds from meme coin liquidations. In January, Buterin converted 28 different tokens into $984,000 USDC and transferred it to Kanro. This strategy allows unsolicited tokens to fund meaningful research.
Besides biotech, both leaders also support wildlife conservation and legal aid. Vitalik contributed $170,000 to the Tornado Cash developers’ defense, while CZ aided scam victims with BNB donations. The Ethereum Foundation also pledged up to $1.25 million in matching defense support.
Additionally, CZ’s earthquake relief efforts in Thailand and Myanmar highlight blockchain’s real-world value. He used Binance’s KYC systems to distribute aid efficiently and securely.
Crypto philanthropy has surpassed $1 billion in total donations. Moreover, over 70% of major U.S. charities now accept crypto, with projections hitting $2.5 billion by 2025.
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