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Binance Founder CZ Donates BNB Worth $10 Million to Buterin’s Open-Source Biotech Project
Binance Founder CZ donates BNB worth $10 million to Buterin’s open-source project
This project is an open-source biotech project aimed at improving healthcare
YZI Labs General Partner adds to the collaboration with Buterin.
The crypto community is buzzing today as Binance Founder CZ donates BNB worth $10 million to Vitalik Buterin’s open-source biotech project. This is not only seen as a bullish move in terms of collaboration between visionaries in the crypto community, but rather as progress in web3 and blockchain power fueling innovation in biotech. Indeed, with big names like CZ and Buterin in the lead, expectations for the project to succeed are high
Binance Founder CZ Donates $10 Million BNB to Buterin’s Biotech Project
The reputed Binance founder, Changpeng ‘CZ’ Zhao, reveals his $10 million donation in BNB to support Ethereum co-founder Vitalik Buterin’s efforts in open-source biotechnology. The contribution is part of a new philanthropic partnership with YZi Labs, a firm focused on supporting innovations in healthcare, Web3, and artificial intelligence. As we can see from the post below, CZ says he is just doing his little part in elevating the cause.
In detail, CZ expresses his commitment to advancing global health, highlighting his belief in the power of conviction to attract mission-driven talent. A response to the post shows Buterin’s appreciation for CZ’s generous donation. The donation aims to bolster Buterin’s initiatives in biosecurity, pandemic preparedness, and longevity research. Buterin has previously supported these causes through programs like the VitaDAO Longevity Fellowship, which funds students and early-career researchers.
Meanwhile, YZi Labs General Partner Jane Sparking also shared her thoughts on the collaboration, emphasizing the importance of investing in people-first solutions. She described CZ’s commitment to transforming a system that often values profit over patient outcomes, noting that their shared vision is to empower scientists and innovators who are often overlooked.
A Bullish Collaboration for Healthcare
According to Sparking, CZ’s approach is about backing disruptive ideas and giving bold thinkers the freedom to create. His investment strategy favors underappreciated entrepreneurs and groundbreaking research that challenges conventional boundaries. The partnership with YZi Labs marks a significant step toward building a more inclusive and innovative biotech landscape
As Sparking put it, the goal is a world where patients have more choices, scientists aren’t stifled by bureaucracy, and small teams with big ideas can thrive. Rather than take an easier route, CZ is betting on the harder but more meaningful path—repairing flawed systems and supporting those working to improve lives globally. All in all, it is reassuring to see blockchain extending to the medical industry as well