CZ: Predicting the market helps with price discovery, Hyperliquid validates new market demand
Binance founder CZ stated on the Galaxy Brains podcast that predicting the market provides price discovery and liquidity, and obtaining licenses for Polymarket and Kalshi in the United States is a good thing. CZ claims that Hyperliquid demonstrates new market demand and technological innovation, but will not choose its KYC free operating mode. CZ believes that it is a good thing for traditional financial institutions such as CME to launch crypto perpetual contracts in the United States. CZ revealed that YZI Labs' investment direction is 70% encryption, 20% AI, and 10% biotechnology, hoping that YZI Labs will focus on influence.