Express

Binance Commits Another $1 Billion to Industry Recovery Fund

Katie Lin

Summary: Binance CEO Changpeng “CZ” Zhao said on Friday it has added another $1 billion to its $1 billion industry recovery fund, Many other companies, including Aptos Labs and Jump Crypto, joined Binance and will contribute $50 million to the fund. The recovery fund will be used to support the industry, which has seen major declines ...

Binance CEO Changpeng “CZ” Zhao said on Friday it has added another $1 billion to its $1 billion industry recovery fund,

Many other companies, including Aptos Labs and Jump Crypto, joined Binance and will contribute $50 million to the fund.

The recovery fund will be used to support the industry, which has seen major declines since the beginning of the year.

Author: Katie Lin

Last Update:

Tags: ,,
Link: Binance Commits Another $1 Billion to Industry Recovery Fund   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago

    • You need to login to comment.