Sun Yuchen: Tron DAO, Huobi, and Poloniex will participate in the industry recovery fund established by Binance

ChainCatcher news, Sun Yuchen stated on Twitter that Tron DAO, Huobi, and Poloniex will participate in the industry recovery fund established by Binance to help builders and development teams alleviate the crisis.

Previously, Binance founder Zhao Changpeng tweeted, "To mitigate the further cascading negative effects of FTX, Binance is establishing an industry recovery fund to assist projects that are performing strongly in other aspects but are facing liquidity crises. More details will be released soon. If you believe you qualify, please contact Binance Labs, and we also welcome collaboration and investment from other industry participants with cash." (source link)