Pudgy Penguins, the digital asset incubation studio and the team behind the globally recognized Pudgy Penguins non-fungible token series, has launched the newestPudgy Penguins, the digital asset incubation studio and the team behind the globally recognized Pudgy Penguins non-fungible token series, has launched the newest

CZ’s YZi Labs Bets on Genius Trading to Power Cross-Chain DeFi Trading

YZi Labs, the investment firm led by Binance founder Changpeng Zhao (CZ), has made an eight-figure investment in Genius Trading, an on-chain trading terminal.

The exact amount was not shared, but the firm confirmed the deal on Tuesday and said CZ will also join the company as an advisor.

This investment shows growing interest in cross-chain trading tools, as crypto trading continues to spread across many blockchains and decentralized platforms. Investors are now focusing more on tools that improve trade execution, speed, and performance, not just liquidity.

Genius Trading is not a decentralized exchange (DEX). Instead, it is a trading interface that connects users to multiple blockchains and platforms, allowing them to trade from one place. The platform supports spot trading, perpetual futures, and copy trading. Before its public launch, Genius had already processed over $160 million in trading volume across 10 blockchains.

YZi Labs manages around $10 billion in assets and invests in Web3, AI, and biotechnology startups. It operates as CZ’s family office and was formed from Binance’s former venture arm.

Demand for Privacy-Focused DeFi Tools Grows

As DeFi expands across different blockchains, tools like Genius are becoming more important. While decentralized exchanges offer transparency and user control, they also make it harder for large traders to place big orders without revealing their plans. YZi Labs called this problem a “transparency bug,” where public blockchains can expose trading strategies.

More traders are now moving from centralized exchanges (CEXs) to decentralized platforms. Because of this, there is rising demand for tools that protect privacy and improve execution quality.

YZi Labs believes Genius Trading can meet these needs by offering a simple, cross-chain trading terminal designed for professional traders. The investment shows that trading infrastructure is becoming a key part of the future of crypto.

Market Opportunity
Power Protocol Logo
Power Protocol Price(POWER)
$0.16126
$0.16126$0.16126
+2.25%
USD
Power Protocol (POWER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Share
BitcoinEthereumNews2025/09/18 02:44
GBP/USD rallies as Fed independence threats hammer US Dollar

GBP/USD rallies as Fed independence threats hammer US Dollar

The post GBP/USD rallies as Fed independence threats hammer US Dollar appeared on BitcoinEthereumNews.com. The British Pound (GBP) extends its gains on Wednesday
Share
BitcoinEthereumNews2026/01/15 00:19
Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

The post Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be appeared on BitcoinEthereumNews.com. Jordan Love and the Green Bay Packers are off to a 2-0 start. Getty Images The Green Bay Packers are, once again, one of the NFL’s better teams. The Cleveland Browns are, once again, one of the league’s doormats. It’s why unbeaten Green Bay (2-0) is a 8-point favorite at winless Cleveland (0-2) Sunday according to betmgm.com. The money line is also Green Bay -500. Most expect this to be a Packers’ rout, and it very well could be. But Green Bay knows taking anyone in this league for granted can prove costly. “I think if you look at their roster, the paper, who they have on that team, what they can do, they got a lot of talent and things can turn around quickly for them,” Packers safety Xavier McKinney said. “We just got to kind of keep that in mind and know we not just walking into something and they just going to lay down. That’s not what they going to do.” The Browns certainly haven’t laid down on defense. Far from. Cleveland is allowing an NFL-best 191.5 yards per game. The Browns gave up 141 yards to Cincinnati in Week 1, including just seven in the second half, but still lost, 17-16. Cleveland has given up an NFL-best 45.5 rushing yards per game and just 2.1 rushing yards per attempt. “The biggest thing is our defensive line is much, much improved over last year and I think we’ve got back to our personality,” defensive coordinator Jim Schwartz said recently. “When we play our best, our D-line leads us there as our engine.” The Browns rank third in the league in passing defense, allowing just 146.0 yards per game. Cleveland has also gone 30 straight games without allowing a 300-yard passer, the longest active streak in the NFL.…
Share
BitcoinEthereumNews2025/09/18 00:41