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European Fintech Giant Revolut Lists BNB: CZ Applauds

Since stepping down as CEO, CZ admits that he now learns about most of Binance’s business operations after they are executed.

DOJ

European financial tech company Revolut has listed BNB, the flagship cryptocurrency for the leading crypto exchange Binance, on its platform. The latest move allows Revolut’s 50 million users to buy, hold, and trade BNB.

Revolut Lists BNB

Headquartered in London, Revolut serves over 50 million users in more than 160 countries, with the majority based in the United Kingdom. Its core services include online banking, stock trading, international remittances, foreign exchange, and crypto trading.

BNB now joins over 210 crypto assets Revolut has listed. Following Revolut’s addition of BNB to its list of cryptocurrencies, the coin saw a mild 1.1% surge to about $648. At the time of writing, the Binance coin has dropped to a trading price of $644 amid a broader market decline.

CZ In the Dark About Binance’s Operations

Binance’s co-founder and former CEO, Changpeng Zhao (CZ), stated that he had only learned about Revolut’s listing after it had occurred. When notified that Binance has also included Revolut Pay as a payment option, CZ admitted that he did not know about that.

Yesterday, the Binance co-founder admitted that he learned about the Osprey BNB Chain Trust (OBNB), the first publicly quoted U.S. BNB fund, a few days ago. He expressed his admiration by stating that the feat was achieved without his involvement.

Since stepping down as Binance CEO late last year, CZ has reiterated that he will be minimally involved in the crypto exchange’s business activities and focus on his educational platform, Giggle Academy.

After completing his four-month jail term, the crypto billionaire invested more time developing Giggle Academy. CZ recently launched the Giggle Academy iOS app for children between ages 2 and 6. He added that he would continue hiring talent to build content for teenagers up to 18.

Mishael Nwani

Mishael Nwani is an avid crypto enthusiast with nearly four years of experience in the industry. Since 2022, he has covered topics across cryptocurrencies, NFTs, artificial intelligence, and financial markets.