TechFlow, December 17 — According to Bloomberg, Binance founder CZ is reasserting his influence in the crypto industry. As U.S. President Trump adopts a friendlier stance toward crypto assets, CZ has been publicly endorsing related policies and sending positive signals regarding the U.S. market.
Sources familiar with the matter said that Binance has been exploring options to revive Binance.US, including potential recapitalization, which could reduce CZ's controlling stake. The sources added that if Binance acquires part or all of CZ's shares, it could appoint new leadership, implement growth-oriented business strategies, and leverage its political connections in Washington.
Separately, sources indicated that Binance has been seeking to build closer ties with BlackRock, the world's largest asset management firm.
