Changpeng Zhao, CEO and founder of major cryptocurrency exchange Binance, has proposed to list a token pegged to Bitcoin Cash (BCH) on Binance DEX, the platform’s decentralized counterpart.
According to the post published in Binance's Token Issuance & Listings section on Oct. 17, “CZ” proposes to “to list BCH-1FD, a pegged token that tracks the value of the native asset of the Bitcoin Cash.” The corresponding “one-sentence pitch” reads: