According to a report in India-based publication The Ken on April 4, former Binance Chief Financial Officer Wei Zhou purchased Coins.ph, a mobile wallet and digital currency exchange, from Gojek.
Gojek, an Indonesian technology company, paid $95 million for Coins.ph in January 2019. According to that report, Gojek sold it to Zhou for at least double that amount.
Coins.ph was one of the first cryptocurrency wallets and exchanges in the Philippines, having launched in 2014. It then shifted its focus to providing a larger range of financial services.
Zhou left Binance in May of last year for personal reasons. The corporation refused to comment on his whereabouts.
Also, he hasn’t updated his LinkedIn experience since then, so this article is the first indication of his prospective re-emergence into the crypto industry.
