In a significant move within the cryptocurrency sector, Yzi Labs, the family office of Binance co-founders Changpeng Zhao and Yi He, has announced a substantial investment in Genius Trading. The report highlights positive developments indicating that this strategic partnership is set to bolster Genius's position in the competitive on-chain trading terminal market.
Yzi Labs Invests in Genius Trading
Yzi Labs has committed a multi-eight-figure investment to Genius Trading, coinciding with the company's efforts to formalize its points and airdrop structure. This initiative is designed to enhance its competitive edge and attract more users to its platform.
Changpeng Zhao Joins as Advisor
In addition to the financial backing, Changpeng Zhao has taken on the role of advisor for Genius Trading, further strengthening the collaboration between the two entities. This investment follows previous funding rounds that raised a total of $7 million, reflecting a strong belief in Genius's growth potential and innovative approach in the trading space.
Recently, Genius unveiled its airdrop and points white paper, a crucial development that complements Yzi Labs' investment in Genius Trading. For more details, see the full article.
