Binance founder Changpeng Zhao (CZ) confirmed in a post on social media platform X that several former Binance employees are part of the perpetual DEX project Aster team.
He also disclosed that YZi Labs has a minority stake in Aster.
While some users in the community claimed that CZ said he was part of the Aster team in a Spaces post on X, CZ clarified: “I’m not on the team, I’m just an advisor.” CZ added that despite Aster competing with Binance, it benefits the BNB ecosystem in the long run.
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