Binance says its Industry Recovery Initiative has 7 enrollees, 150 applicants

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

They're lining up to help the crypto space.

, with an addition $1 billion to be added “in the near future if the need arises.” Jump Crypto, Polygon Ventures, Aptos Labs, Animoca Brands, GSR, Kronos and Brooker Group have committed an initial $50 million between them to participate in the fund. According to Binance, 150 other companies have also applied to participate.

and a number of key industry partners have joined together to commit $1B+ to provide financial support to the most promising and highest-quality companies that need it most.The IRI is not an investment fund, the blog informs, but a “co-investment opportunity for organizations eager to support the future of Web3.” Participants that want to participate will be required to set aside committed capital in a public address.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Black Friday deal Last year November 26th black Friday BTC closed about $5200 off its open price which was an 8.88% discount sale. Will it happen the same tomorrow?🙄🤪🤔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What You Missed at Web Summit, the Biggest Forum Binance Attended in 2022 | Binance BlogThis year's websummit was truly one to remember! From cz_binance speaking to his largest audience ever to interacting with 13,000 attendees at the Binance booth, we had a blast. Full recap here ⤵️ WebSummit cz_binance Ok, I only listen to ChiefraFba for signals! WebSummit cz_binance Thats great, I have recently started using ChiefraFba for signals, his accuracy is INSANE! WebSummit cz_binance
Source: binance - 🏆 561. / 51 Read more »

Binance aims to allocate $1 billion for crypto recovery fundBinance will allocate $1 billion to its proposed industry recover fund, while Binance.US intends to bid for bankrupt cryptocurrency lender Voyager's assets. cz_binance $FTT or cz_binance Sounds stupid. Flush out the rats and the bad players and let the market decide what's healthy enough to survive. Ok, but I only listen to ChiefraFba for signals and analysis I have a 91% win rate in 2 months of copying his signals 🚀
Source: Cointelegraph - 🏆 562. / 51 Read more »