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 South Africa to require information on senders and recipients for local compliance Binance tax evasion trial in Nigeria adjourned until April 30 on 'substituted service' argument Binance suspends employee for allegedly profiting off of insider information 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
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