Zhao Changpeng: Binance is establishing an industry recovery fund to help quality projects through the liquidity crisis
ChainCatcher news, Binance founder Changpeng Zhao tweeted, "In order to mitigate the further cascading negative effects of FTX, Binance is establishing an industry recovery fund to help projects that are otherwise strong but facing liquidity crises. More details will be released soon. If you believe you qualify, please contact Binance Labs, and other cash-rich industry participants are also welcome to collaborate on investments." (source link)
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