– Sequoia Capital China holds ~10% stake in Binance, a top crypto exchange, via undisclosed investment.
– Binance co-founder He Yi maintained strategic stability during CZ’s incarceration, navigating regulatory challenges.
– Sequoia’s investment reflects growing institutional confidence in crypto despite regulatory volatility.
– He Yi predicts blockchain and stablecoins will reshape finance over next 5-10 years, mirroring internet’s impact.
– Binance’s leadership continuity and innovation focus reinforce its dominance in centralized crypto trading.
