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Binance Venture Arm That Acts as CZs Personal Office Mulls Accepting New Investors
Yahoo Finance· 2025-09-23 20:40
| Credit: Photo by Pedro Fiúza/NurPhoto via Getty Images) Key Takeaways YZi Labs spun off from Binance in January, but remains under the control of Changpeng Zhao (CZ). However, the company is open to raising capital from outside sources. Originally focused on crypto and DeFi, YZi Labs has increasingly branched out into other sectors. As a private investment company that spun off from Binance at the start of 2025, YZi Labs is likely majority, or entirely owned by Binance insiders, including Changp ...
RON Crypto to Go Parabolic as Ronin Reveals Token Burns: Time to Buy?
Yahoo Finance· 2025-09-22 04:45
Ronin, the blockchain behind the hit game Axie Infinity, has announced a new plan to strengthen its token economy through smart moves that have surged the RON price. Is it a good time to buy RON? Let’s dive in. The Sky Mavis-built network said on Sept. 21 that it will begin buying RON from the open market starting Sept. 29. Over about a month, the team will convert its Treasury’s 890 ETH and 650,000 USDC, roughly $4.5-$5M, into RON. At current prices, that equals about 1.3% of circulating supply. All pu ...