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]
  • The Future of Blockchain: How Modularity is Revolutionizing the Industry 6 hours ago
  • Parallelized EVMs: The Solana Killer? 4 days ago
  • Bitcoin: The Ultimate Memecoin? 9 days ago
  • Memecoin Mania: Is it Here to Stay or Should You Avoid? 10 days ago
  • LayerZero vs Wormhole vs Axelar vs Chainlink: What’s the Best Interoperability Protocol? 12 days ago
  • You need to login to comment.