CZ’s $10B Crypto Fund: Will It Let You In? 🤑💼

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Oh, darling, gather your bitcoins and your best blazer-Changpeng “CZ” Zhao’s $10 billion investment firm, YZi Labs, is *thinking* about letting the plebs in. 🧐✨ Yes, you heard that right. The fund, which currently manages CZ’s personal fortune and a few Binance insiders’ spare change, might just open its golden gates to external investors. *Might.* Don’t get too excited, though-they’re still deciding if you’re worthy. 😏

Back in 2022, YZi Labs flirted with outside funding, accepting a cool $300 million before ghosting-I mean, returning-part of it. Why? Oh, just the usual: “We already have too much money, thanks.” 🤑💸 Ella Zhang, the fund’s queen bee, told the Financial Times, “We’ll consider it eventually. Just not yet.” Classic commitment issues. 😒

Meanwhile, YZi Labs’ portfolio is hotter than a DeFi summer, boasting crypto darlings like Aptos Labs, Polygon, and 1inch Network. With over 230 companies in its stable, it’s basically the Beyoncé of crypto funds. 🎤✨

SEC Wants a Front-Row Seat to the YZi Show 🎟️

In other news, the SEC-yes, *that* SEC-is suddenly crypto-curious. After missing YZi Labs’ demo day at the NYSE (oopsie!), they’ve requested a private encore. 🍿 Could this be the dawn of a crypto-friendly SEC under the Trump administration? Stranger things have happened, like CZ serving a four-month prison sentence and now begging Trump for a pardon. 🤡🇺🇸

Speaking of CZ, he may have stepped down from Binance, but let’s be real-he’s still pulling the strings as its largest shareholder. 🎮💰

CryptoMoon tried to get YZi Labs’ take on all this, but crickets. 🦗 Guess they’re too busy counting their billions.

Galaxy Digital’s Fund: $175M and Counting 🚀

While YZi Labs hem and haw, Galaxy Digital is out here flexing, raising $175 million for its first external fund. And Bitcoin analyst Willy Woo? He’s ditched his BTC for early-stage startups, chasing those 100-1,000x returns. Bold move, Willy. Let’s see how that works out. 🎲💸

So, will YZi Labs let you into their exclusive club? Stay tuned, darlings. In the meantime, keep HODLing and hoping. 🌙✨

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2025-09-23 10:49