Changpeng Zhao Discloses His Cryptocurrency Portfolio, With 98.6% in BNB

The founder and former CEO of Binance shared a pie chart of his digital asset holdings on Binance Square, following a challenge from a user on Twitter

Binance founder and former CEO Changpeng “CZ” Zhao disclosed his cryptocurrency holdings on Monday, revealing that a massive 98.6% of his portfolio is allocated to BNB, the native token of the exchange, with around 1.3% being Bitcoin.

The remaining portions of his portfolio include EURI and USDT, at 0.17% and 0.03%, respectively. The information was shared via a pie chart that Zhao posted on Binance Square, following a challenge from a user on X to disclose his digital asset holdings. The founder did not disclose the fiat value of these assets.

Additionally, Zhao holds minor amounts of several other tokens that collectively account for less than 0.01% of his portfolio, including sBTC, a cryptocurrency that serves as a substitute for Bitcoin on the Stacks layer-2 network.

It is important to note that this portfolio breakdown has not been independently verified by a third party. Moreover, digital assets held on centralized exchanges like Binance are not publicly viewable.

CZ has not yet responded to Decrypt's request for comment on his asset portfolio. At the time of writing, BNB—the fifth-largest cryptocurrency by market capitalization—is trading at $630, down nearly 4% in the past 24 hours, according to data from CoinGecko. Bitcoin, the top-ranked digital asset, is trading just below $94,000.

Prominent cryptocurrency figures, like Zhao, rarely disclose their holdings due to the industry's emphasis on privacy. Notably, wealthy crypto investors often avoid revealing their holdings to prevent criticism over their affiliations with specific projects or to avoid attracting criminals, who have increasingly targeted professionals in the crypto sector.

Crypto Twitter reacts to CZ's disclosure

Following the disclosure of his portfolio, Zhao faced a barrage of questions from users on Crypto Twitter (formerly X).

When asked about his relatively small Bitcoin holdings, CZ quipped in a post on X, “I'm a boring guy.”

In response to queries about his Eurite (EURI) holdings, which is a Euro-pegged stablecoin, the crypto entrepreneur posed a question of his own.

“I assume [the EURI] is linked to the Binance Card,” CZ suggested in an X post. “Maybe in the early days of the Binance Card, that was the currency used for transactions? I don't really know.”

As of late, Zhao's posts on X have gone on to influence market movements and spur the creation of new tokens.

Notably, Zhao, who recently made Forbes' latest billionaire list, sparked a meme coin trading frenzy in early February with a post on X about his dog named Broccoli, which led developers to create meme coins linked to the dog—with one token seeing over $80 million in daily trading volume at its peak, according to CoinGecko.

Earlier, CZ also tweeted about BNB Chain launching a test token called TST, which led to a 100x increase in its value.

This story was edited by James Rubin.

Daily Debrief

Begin each day with the latest top news stories, along with original features, podcasts, videos, and more.