Crypto exchange operator Binance is aiming to amass around $1 billion for its recently announced “industry recovery fund.” CEO Changpeng “CZ” Zhao discussed the plan on B...
Tag: industry recovery fund
Binance will launch a new ‘industry recovery fund’
Binance will launch a new fund to help prop up crypto projects facing liquidity crunches. Changpeng Zhao, Binance’s CEO, tweeted about the plan early on Nov. 14. “To reduce further cascadi...