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Binance's CEO is buying his 1st home in crypto-friendly Dubai and confirms its US affiliate will close a multi-million dollar funding round soon
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markets.businessinsider.comBinance
The CEO and founder of Binance, Chaopeng Zhang, recently revealed a big-ticket purchase and confirmed the possible closing of a multi-million dollar funding round soon.
CZ, as he is more commonly known, said he bought his first home in Dubai to show support for the crypto-friendly city.
«The government there is very progressive, and it's a very good business environment,» he told Bloomberg Friday on the sidelines of the Bloomberg New Economy Forum in Singapore. «I want to show that we are committed to the place, so I bought an apartment there» in October.
The purchase comes despite his repeated vows to avoid any attachments to material possessions. On Friday, the 44-year-old billionaire reiterated plans to give away more than 90% of
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