CZ in-Depth Interview: Market Cycle Bottom Rising, Crypto-TradFi Convergence, and AI/Biotech Investment Strategy

In a recent interview with Galaxy, Binance founder CZ shared his comprehensive views on the current crypto market cycle, noting a ~50% price correction but a rising bottom, with industry leverage under control. He emphasized that crypto and traditional finance are converging into a single fintech sector, with centralization and decentralization coexisting long-term. CZ also revealed Yzi's investment allocation: 70% crypto, 20% AI, 10% biotech, including early-stage projects like artificial womb and knee cartilage regeneration. On AI, he highlighted the superior accuracy of US large models but acknowledged Chinese models' progress, while warning that AI poses civilization-level risks unlike crypto. He concluded that while hot money flows to AI, it will ultimately flow through blockchain.