Wednesday, June 26, 2024
HomeCryptoCZ Owns 64% of BNB Circulating Supply — Report

CZ Owns 64% of BNB Circulating Supply — Report

According to a report by Forbes, former Binance CEO Changpeng Zhao (CZ) owns 64% of the circulating supply of Binance Coin (BNB), equivalent to about 94 million tokens.

Analysis from Gray Wolf Analytics shows that 80 million BNB tokens were allocated to the Binance founding team, and the company still controls 46 million of them. Binance and CZ together hold 71% of the 147 million BNB in ​​circulation.

With a 90% stake in Binance and cryptocurrency value, CZ’s net worth is estimated at $61 billion, ranking him as the 24th richest person in the world.

Mark Tyson
Mark Tyson
Freelance News Writer. Always interested in the way in which technology can change people's lives, and that is why I also advise individuals and companies when it comes to adopting all the advances in Apple devices and services.
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