Binance CFO Kaiser Ng is leaving after five years to build his own venture, naming Justin Yek as his successor and eyeing tokenization projects.

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.

Ng describes months of preparation, names Justin as next CFO and outlines his own tokenization interests.

Ng's Nov. 8 post names a successor and describes founder ambitions; it does not date the handover or announce a venture launch.

The sources do not give Justin's surname or start date, an effective handover date, or a venture launch. CZ's general backing interest is not an investment commitment.

Qualitative relationship diagram from selected retained statements. Earlier conversations are shown as the speakers' retrospective accounts. Connections group disclosures; spacing is not elapsed time.

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