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'They Have the Users': Binance CEO Explains Why He Bought CoinMarketCap

"Even though their money generation mechanism is not as strong as Binance, they do have the users," CEO CZ tells CoinDesk. "It's a very valuable platform."

By William Foxley

Updated May 9, 2023, 3:07 a.m. Published Apr 2, 2020, 1:00 p.m.

DOUBLING DOWN: Binance CEO Changpeng “CZ” Zhao is pinning his hopes on a mass audience of individual investors. (Credit: CoinDesk archives)