According to Odaily, CZ's family office, YZi Labs, has begun expanding into Asia, including the Hong Kong market. Public data indicates that the office manages over $10 billion in assets. Ella Zhang, the head of the office, frequently travels around Asia, hoping to expand BNB's coin hoarding program and future ecosystem development. This included announcing support at the end of August for a fund company called B Strategy to raise $1 billion for a "coin hoarding" campaign. YZi Labs also announced its support for Huaxing Capital Holdings' $100 million Binance Coin (BNB) hoarding project, hoping the latter could become the BNB Strategy of the Hong Kong stock market. A source familiar with YZi Labs stated that the Hong Kong financial community has been inundated with inquiries for collaboration, and that the number of individuals (or teams) involved may be in the hundreds, with the project likely to be implemented in due course. (Tencent's "Periscope")