Binance founder on Sen. Warren comments: 'NYSE ≠ economy'

Amazon's market capitalization reached approximately US $2.4 trillion by mid-2025, while Meta stood near US $800 billion and General Electric around US $120 billion. According to Stock Analysis data, the combined value of NYSE-listed firms is roughly US $79 trillion, illustrating the vast scale of the market compared to even the largest tech giants. This gap highlights the concentration of value within a few mega-cap companies amid a massive exchange.

Public companies listed on the NYSE drive significant parts of the U.S. economy, accounting for about 82% of S&P 500 market value and serving as key channels for capital, according to NYSE data. Studies cited by ScienceDirect note that their share of GDP and employment has declined since the 1970s, reflecting broader economic shifts. Analysts argue their influence remains critical despite these trends.

According to Forbes, Changpeng Zhao, commonly known as CZ, is a visionary entrepreneur who founded Binance in 2017 and quickly grew it into the world’s largest cryptocurrency exchange by trading volume. He is widely recognized for his leadership in advancing blockchain technology and promoting financial inclusion globally, making him one of the most influential figures in the crypto industry. CZ’s innovative strategies and commitment to expanding crypto accessibility have earned him a reputation as a pioneer in digital finance.