After graduating from McGill, Zhao worked as a contractor at the Tokyo Stock Exchange, then became head of Tradebook Futures Development at Bloomberg Professional Services from 2001 to 2005.
He eventually joined some friends to start an information technology (IT) consulting company, and moved to Singapore to launch Fusion Systems.
Zhao also started several more ventures, including Bijie Tech, a provider of cloud-based exchange services. As his business grew, China began cracking down on cryptocurrency exchanges in March 2017, and Zhao considered launching his own crypto exchange.
Binance launched in July 2017, but China banned all crypto exchanges in September 2017. Zhao was forced to relocate, but instead of looking for another country to operate in, the company went remote.
Binance has quickly grown to become one of the largest crypto exchanges by daily trading volume. Today the company operates globally, with a spot trading volume of more than US$10 billion and derivatives trading worth US$50 billion.
Zhao, the majority shareholder in Binance Holdings, has seen his net worth increase since then, reaching a peak of nearly 100 billion US dollars at the peak of crypto price increases in 2021.
Biodata Changpeng Zhao
Nama: Changpeng Zhao
Call: CZ
Asal: Lianyungang, China
Nationality: Canadian
Profession: entrepreneur
Twitter account (X): cz_binance
Instagram Account: CZ_Binance
Interesting fact
Zhao was born in Jiangsu, China. Her father, a professor, was labeled a pro-bourgeois intellectual and was temporarily exiled shortly after CZ was born.
Zhao founded Binance in July 2017, raising $15 million through an initial coin offering.
In 2022, Binance facilitated US$5.3 trillion worth of spot trades, more than two-thirds of all volume handled by centralized crypto exchanges.
As a teenager in Vancouver, Shizu worked hard to cover household expenses, selling burgers at McDonald's and working night shifts at a gas station.
That is information about the profile and biodata of Changpeng Zhao, the Binance boss who is threatened with prison.
