Changpeng Zhao confirms YZI Labs is a minority investor in start-up prediction market Opinion
The post Changpeng Zhao confirms YZI Labs is a minority investor in start-up prediction market Opinion appeared on BitcoinEthereumNews.com.
Binance founder Changpeng Zhao confirms YZi Labs is a minority investor in Opinion, a newly launched decentralized prediction market, amid speculation on Polymarket rivalry. Summary Opinion raised $5M in a seed round led by YZi Labs, with participation from Animoca Ventures, Amber Group, Manifold, and Echo Community. The platform, now live on BNB Chain, allows users to trade on macroeconomic and trending markets. Since its March 2025 testnet debut, Opinion has seen over 1.6 million active users and more than $300 million in combined USDO and USDC trading across 600+ markets. Changpeng Zhao, founder of Binance and head of YZi Labs, has confirmed that his firm holds a minority stake in Opinion, a newly launched decentralized prediction market platform, stating in a post on X: “We are just a minority investor, but we try to help with adding strategic value.” On October 16, Opinion announced that its $5 million seed funding round was led by YZi Labs, with participation from Animoca Ventures, Amber Group, Manifold, and Echo Community. CZ’s statement implies that those other investors collectively own a larger portion of Opinion and retain significant influence over its direction. The clarification from CZ appears aimed at addressing speculation on crypto X, with one user suggesting he wants to “kill Polymarket,” referencing his past success with Aster — a YZi-backed project that went on to rival Hyperliquid. Source: @plutos_eth Opinion recently announced its mainnet launch exclusively on BNB Chain. The platform is designed to allow users to trade on macroeconomic outcomes, such as inflation data, interest rates, employment trends, and geopolitical developments on-chain. Users can create, trade, and resolve markets directly, with AI oracles assisting in generating rules and verifying market resolvability. Since its testnet debut in March 2025, Opinion has reported over 1.6 million active users, $190 million in USDO…
Filed under: News - @ October 28, 2025 10:27 am