Cz’s Yzi Ramps Up Prediction Market Bet As Opinion Claims 40% Share

The YZi Labs-backed “Opinion” prediction market logged $1.5 billion in weekly volume just weeks after launch, outpacing Kalshi and Polymarket as prediction markets boom.

YZi Labs, the venture capital company founded by Binance co-founder Changpeng “CZ” Zhao, is ramping up its bet on prediction markets as one of its portfolio platforms posted an unusual spike in trading volume.

CZ took to X on Wednesday to welcome YZi-backed Predict.fun as a new prediction market launching on the BNB Chain.

“When you make a prediction, you funds don’t sit idle, they generate yield,” CZ wrote, adding: “This tweet is not endorsement.”

CZ’s post came a few weeks after Opinion, another prediction market backed by YZi, briefly outpaced trading volumes by major market players like Kalshi and Polymarket.

Opinion is a decentralized prediction market platform by Opinion Labs, a Hong Kong-based company founded in 2023 by Forrest Liu, according to data from Tracxn.com.

Announcing its first O.LAB Prediction Closed Beta Tradathon in 2024, Opinion Labs mentioned it was backed by YZi Labs, which at the time was still known as Binance Labs.

In March 2025, Opinion Labs secured $5 million in seed funding led by YZi and participated in by other investors such as Echo, Animoca Ventures, Manifold Trading and Amber Group.

The platform launched exclusively on BNB Chain in October, with CZ subsequently confirming that YZi holds a minority stake in the platform.

“We are just a minority investor, but we try to help with adding strategic value,” CZ reportedly said in a now-deleted post on X.

Source: CoinTelegraph