Binance founder Changpeng Zhao (CZ) has firmly denied rumours suggesting that Binance is up for sale. In a statement on February 17, CZ addressed what he called "low-level, self-righteous" FUD spread by some competitors in Asia, emphasizing that he has no intention of selling Binance. However, he acknowledged that top investors have always shown interest in Binance and hinted at the possibility of allowing minority investments, stating that in the future, the company "may allow some investors to hold single-digit percentages of equity."