Binance CFO leaves the company to tokenize real assets

Binance CFO leaves the company to tokenize real assets

Summary

Binance CFO Kaiser Ng announced that he will leave after five years to pursue ventures of his own, naming Justin Yek as his successor. Ng said he had informed management months earlier. His interests include tokenizing sports, entertainment, computing hardware, gold and collectibles, but he did not disclose a company, product, launch date or funding plans. Binance founder Changpeng Zhao praised Ng and said YZiLabs is generally interested in backing ventures founded by current or former colleagues, without committing to fund any specific project. Ng also credited his team with broadening Binance’s finance operation beyond back-office work.