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Changpeng Zhao Supports Biotechnology and Healthcare through YZi Labs

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by Giorgi Kostiuk

5 hours ago


Changpeng Zhao, the founder of Binance, announced his collaboration with YZi Labs aimed at supporting initiatives in biotechnology and healthcare.

Collaboration of Changpeng Zhao and YZi Labs

On July 1, Changpeng Zhao shared details about his collaboration with YZi Labs focused on charitable initiatives supporting global healthcare. In his message, he also noted a recent donation of $10 million in BNB to Vitalik Buterin, co-founder of Ethereum, for his open-source biotech efforts.

Support for Vitalik Buterin

Vitalik Buterin has been actively involved in supporting biosecurity and pandemic prevention, including funding longevity research through various initiatives such as the VitaDAO Longevity Fellowship, aimed at grants for students and early-career individuals. Changpeng Zhao emphasized that having conviction in one's mission attracts like-minded people.

A New Concept of Fairness and Innovation

Jane Sparking, general partner at YZi Labs, highlighted that Changpeng Zhao supports founders who are often overlooked and is willing to take risks to create opportunities for those aiming to change the world. For CZ, investing in biotechnology is a form of defiance and a way to open doors for dreamers and those with ideas that can improve lives.

The collaboration between Changpeng Zhao and YZi Labs aims to change a system where people's interests come first, serving as an example for others.

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