News/Binance Forming an Industry Recovery Fund, Says CZ

Binance Forming an Industry Recovery Fund, Says CZ

Nov 14,2022,14:52

CZ tweeted that in order to reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis. More details to come soon. Projects that think they qualify can contact Binance Labs. Also, Binance welcomes other industry players with cash who wants to co-invest.

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