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CZ's Subsidiary YZi Labs Expands into Hong Kong Market
Summary: According to reports, YZi Labs, a subsidiary of CZ, has begun expanding into the Asian market, including the Hong Kong market. Public data shows that the assets managed by YZi Labs exceed $10 billion. Ella Zhang, the head of YZi Labs, has been actively promoting BNB's coin-staking project and future ecosystem development in Asia. This ...
According to reports, YZi Labs, a subsidiary of CZ, has begun expanding into the Asian market, including the Hong Kong market. Public data shows that the assets managed by YZi Labs exceed $10 billion. Ella Zhang, the head of YZi Labs, has been actively promoting BNB's coin-staking project and future ecosystem development in Asia. This includes the announcement of a $1 billion fundraising campaign for a fund company named B strategy at the end of August. YZi Labs has also announced its support for Huaxing Capital's $100 million coin-staking project, aiming for it to become the BNB strategy of the Hong Kong stock market. An insider familiar with YZi Labs revealed that there has been significant interest from the Hong Kong financial sector in collaborating with YZi Labs, with potentially hundreds of individuals or teams in discussions, with more partnerships expected to be established in the future. (Tencent's "Qianwang")
