CZ said in an interview with Bloomberg Television that Binance is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital-asset sector, with the possibility of allocating more money if that's not enough.
Binance
CZ
Fund
Binance Records $3.97B Weekly Inflows Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures Binance inflows for 2024 are almost 40% higher than the next 10 exchanges combined 
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