Changpeng Zhao announces that Binance’s VC arm Binance Labs, which oversees about $10B of crypto-related assets, will become a family office called YZi Labs (Bloomberg)

Bloomberg:
Changpeng Zhao announces that Binance’s VC arm Binance Labs, which oversees about $10B of crypto-related assets, will become a family office called YZi Labs  —  – YZi will manage assets of Zhao and Binance co-founder Yi He  — Zhao was released from correctional facility in late September