Wu Blockchain
A Chinese-language professional media platform for blockchain and crypto
Performances
RD Popularity Index
RD Growth Index
Comparison
Team
Fundraising
| Round | Amount | Valuation | Date | Source | Investor |
|---|---|---|---|---|---|
| Series A | ￥ Millions | -- | Jan 19, 2021 | -- | -- |
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People
About Wu Blockchain
Wu Blockchain was founded in 2019 by Colin Wu, a former Caixin journalist, initially as a WeChat public account. Its early growth was driven by rapid, accurate coverage of China's crypto regulatory crackdowns, including mining shutdowns and exchange crackdowns, establishing its credibility. A pivotal moment came when Binance CEO CZ frequently reposted Wu Blockchain's English content, publicly calling it the only Chinese media he followed, which significantly boosted its international visibility. Over time, it expanded from Chinese-language reporting to a bilingual platform, with its English X account surpassing 500,000 followers, rivaling top global crypto media. In 2023, it launched a paid subscription service, Wu Shuo Neican, offering institutional-grade policy analysis and investment insights, diversifying revenue beyond advertising. The outlet also collaborated with traditional media like Caixin on joint industry reports, bridging mainstream and crypto journalism. Its sustained influence stems from a commitment to neutrality, investigative reporting on industry malpractices, and adapting to the information age by addressing challenges like InfoFi and AI-generated noise, positioning itself as a trusted node in an increasingly chaotic information ecosystem.
Major progress in the past half year (2026-03-13 to 2026-09-13):
Market & Trading: Wu Blockchain data shows August 2026 spot volume for 14 major exchanges totaled about $510.4B, up 19.0% MoM; Binance accounted for 47.6%, and the top three for 64.8% . a16z Crypto reported that traditional assets on-chain, excluding stablecoins, have exceeded $35B, nearly 3x the level one year before the GENIUS Act .
Ecosystem & Compliance: Robinhood Chain became a leading chain by app revenue, with Pons reaching $5.95M in daily fees; Ethena's Fee Switch passed and ENA started programmatic buybacks; Polymarket launched perpetuals and raised about $1B at a ~$21B valuation; Hyperliquid launched xStocks RFQ trading; EIP-8141 Frames entered testnet; El Salvador denied transferring its Bitcoin reserves; Chile's Orionx closure exposed custody risks; CertiK reported $1.316B in H1 2026 Web3 losses .
Future Focus: Binance's He Yi said the company is focusing on AI-blockchain integration, crypto-traditional finance convergence, and scaling from 300M to 3B users as global financial infrastructure .
According to public information, Wu Blockchain has not disclosed co-founders. Key executives currently include:
Colin Wu (Founder): Founder of Wu Blockchain, co-founder and managing partner of WXYZ Ventures. Previously worked at Matrixport. Under his leadership, Wu Blockchain grew into a Chinese-English crypto media platform with over 530K Twitter followers on its English account.
Lyon Zheng (Marketing Director): Served as Marketing Director of Wu Blockchain since July 2023, overseeing marketing and branding. Previously Marketing Director at Winkrypto, with nearly 4 years of crypto marketing experience. Holds a Master's degree in Transportation and Highway Engineering from the University of Hong Kong.