“Binance.US has one CEO, Binance.com has two co-CEOs,” he said. “They almost never talk to each other. In fact, I don’t think they ever talk to each other. So, yeah, two independent teams. Binance.US licenses the product and technology from Binance Global, but they have a licensing agreement.”
CZ doesn’t see himself running the U.S. company, he said, adding that he doesn’t think he’s the best candidate to run a U.S. platform. “It has to be someone local; it has to be someone who is on the ground,” he said.
The other companies CZ invests heavily in – Giggle Academy and YZi Labs – are also independent, he said.
That independence extends to CZ’s personal life, he said. Yi He, one of Binance’s co-CEOs, is CZ’s partner, and the two share a house in the United Arab Emirates. Despite this, CZ said they don’t talk about Binance at home and the two keep their respective professional lives separate.
“To be very frank, even when I was CEO of the company, she made a great strategic contribution to the company,” he said. “She probably gave me more instructions even when I was CEO. So now, [after] by withdrawing, it is she who directs it. At most, our conversations would be like “oh, two days ago the price of Bitcoin fell because of this policy”, but we don’t even talk about it anymore.
