YZi Labs explores public fund shift amid investor demand, regulatory interest, and potential expansion into AI and biotech investment sectors. YZi Labs, the $10 billion investment firm founded by Changpeng Zhao, is evaluating a potential shift to a public fund structure. Reports came in that YZi Labs was preparing a fundraising round and preparing materials for outside investors. Observers say the SEC is curious about YZi Labs’ investment model and how it could affect regulated markets. Expansion into such sectors as artificial intelligence and biotechnology has also been discussed by YZi Labs leadership.