Changpeng Zhao expects the bets YZi Labs made over the past few months to become its best performers. The Binance founder credits the timing, because the firm invested while crypto prices sat near their lows.

His optimism is directly tied to the deployment of his private billions. In fact, YZi Labs is the family office that manages his personal wealth.

Why CZ Thinks His Firm’s Timing Works

His comment sat on top of a summary of an August 28 book club session in Hong Kong. Zhao told the audience that money rushing into artificial intelligence (AI) is filtering out short-term crypto teams.

He has also argued that…