A Bloomberg report notes that Binance co-founder and CEO CZ remains influential as policy discourse in Washington signals a more crypto-friendly posture.

Industry sources familiar with the discussions indicate Binance has contemplated revitalizing Binance.US, potentially involving a capital reorganization that might alter CZ‘s stake.

People familiar with the matter say that, should partial or full stake changes occur, a refreshed leadership team could steer growth and capitalize on political ties in Washington.

Separately, Binance is pursuing closer cooperation with BlackRock, indicating a strategic move toward institutional investors and expanding exposure to regulated markets.