Binance CFO leaves the company to tokenize real assets

Binance chief financial officer Kaiser Ng said on Nov. 8 that he had decided to build something of his own after five years in the role, naming Justin Yek as the exchange’s next CFO. Ng linked his next chapter to interests in tokenization across sports, entertainment, and other assets. He wrote on X : In a reply later on Nov. 8 , Ng said he had informed management of his decision months earlier and that the transition itself took months. Binance founder Changpeng Zhao (CZ) likewise described advance knowledge of the plans. In his Nov.