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CoinGape

2022-11-25 06:10:04

Binance Chief Doubles the Target for Crypto Recovery Fund to $2 Billion

Binance Chief Doubles the Target for Crypto Recovery Fund to $2 Billion

Ever since the collapse of the crypto exchange FTX, Binance chief Changpeng Zhao has been actively working to set up a recovery fund to help distressed, yet fundamentally strong firms. Besides, Binance has also doubled its fundraise plans from $1 billion to now at $2 billion. During his interview on Thursday, November 24, Zhao said The post Binance Chief Doubles the Target for Crypto Recovery Fund to $2 Billion appeared first on CoinGape .

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