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:“After five years as CFO of Binance, I have decided to go build something of my own.”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. 8 response to Ng’s announcement, he said Ng had shared his intention to build a startup months earlier, praised his work and wished him success.One announcement, two different next stepsNg describes months of preparation before his November 8 announcement. He names Justin as next CFO and outlines his own tokenization interests. Effective handover dates are not given. EARLIER CONVERSATIONS Months earlier Ng says he told management. CZ says he knew the startup plan. PUBLIC ANNOUNCEMENT 8 Nov 2026 Ng: build something of his own After five years as Binance CFO TWO DISCLOSURES ...