The price movement of Bitcoin caught the attention of the world further garnering several into the ecosystem. As the value of crypto assets have been on a surge, the people behind these assets have also been garnering immense gains and appreciation for their work in building the industry. CZ recently turned heads after he managed to secure a position on Bloomberg 50.
Binance Hopes To Garner Gains Over $800 Billion This Year
Binance has proved to be one of the best performing crypto platforms even during the pandemic. The exchange ranks first on CoinMarketCap’s list of top cryptocurrency exchanges. With expansion as its main goal, the crypto platform veered into several markets throughout the last few years. The man behind the Malta-based cryptocurrency exchange, Changpeng Zhao has always managed to secure a place in the headlines. Once again, CZ has made headlines following his entry to the annual list of Bloomberg 50.
CZ was joined with an array of people from different industries including, politics, entertainment, business, finance, science as well as technology. The list had prominent personalities including Byju Raveendran, Billie Eilish, John Roberts, Bong Joon-Ho, the Prime Minister of Sudan, Abdalla Hamdok along with several others.
Speaking about his influence on the crypto market, CZ revealed that he expects Binance to garner gains over $800 million to $1 billion this year. Previously in 2019, CZ’s Binance managed to secure a whopping $750 million. While the regulatory climate remains uncertain in several parts of the globe, they have been huge trouble to the crypto-verse. The lack of regulatory clarity in the US has even led to the members of Ripple moving its headquarters outside the country. CZ added,
“We’re always working closely with regulators and law enforcement worldwide.”
Several members of the crypto-verse lauded Zhao for his latest achievement and went on to say that he was humbled to be a part of the list beside several prominent personalities. He added,
“Alongside these committed and passionate leaders bringing change across diverse spheres, we will continue to work towards increasing financial inclusion globally with crypto as the fundamental means and putting people and our users first.”