Binance co-founder and former CEO Changpeng Zhao announced a new project on Monday, which he said he’ll give more details soon. In a post on X, CZ says that a new project is coming, not a new token but an “Education project.”
There is no indication of what exactly the project will entail or if it will work on the Binance platform. Since Zhao has stepped down as CEO of the Binance company, it is quite possible he could be launching a new project to teach investors and cryptocurrency newbies about the market.
Since his ousting, CZ has also stayed off social media for the most part. He only recently posts on holidays such as International Women’s Day or Valentine’s Day. Hence, his message sharing a new project was met with a lot of attention in the crypto world. Many are speculating what the project will revolve around.
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It’s unclear when Changpeng Zhao will reveal more details on his new project. It will be interesting to learn in the near future what the project is and who will be involved. Back in December, Zhao posted to X, saying, “Learning again by meeting founders.” Perhaps the new project will be in collaboration with founders of other prominent crypto companies/platforms.