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Published 1 year ago

Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg

Summary by Ground News
Changpeng Zhao, chief executive officer of crypto exchange Binance, has denied a report claiming he met with investors in Abu Dhabi to raise cash for the company's crypto recovery fund. Zhao and the Binance team reportedly met with potential backers associated with United Arab Emirates National Security Adviser Sheikh Tahnoon bin Zayed, while a Binance spokesperson said the meetings were focused on global regulatory matters.

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The Washington PostThe Washington Post

Binance CEO Zhao seeks Middle East cash for crypto recovery fund

Binance Chief Executive Officer Changpeng "CZ" Zhao and several deputies met with investors in Abu Dhabi last week in an effort to raise cash for a crypto industry recovery fund, according to people familiar with the matter.

1 year ago
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CointelegraphCointelegraph

Binance CEO denies report firm met with Abu Dhabi investors for crypto recovery fund

Binance CEO Changpeng Zhao said he did not discuss raising cash for a proposed fund with backers associated with UAE National Security Adviser Sheikh Tahnoon bin Zayed.

1 year ago
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New Hampshire Union LeaderNew Hampshire Union Leader

Binance CEO Zhao seeks Middle East cash for crypto recovery fund

Binance Chief Executive Officer Changpeng "CZ" Zhao and several deputies met with investors in Abu Dhabi last week in an effort to raise cash for a crypto industry recovery fund, according to people familiar with the matter.

1 year ago
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Bloomberg LineaBloomberg Linea

Binance CEO seeks cash for crypto rescue fund in the Middle East

The details about the size of the fund and the projects it will support have not yet been decided and it may take several weeks before it starts to go live.

1 year ago
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Coin DeskCoin Desk

Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg

Binance plans to start a recovery fund to help projects with strong fundamentals, but suffering from a liquidity crisis.

1 year ago·Manila, Philippines
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watcher.guruwatcher.guru

Binance’s CZ Denies Approaching Middle East Investors for Crypto Recovery Fund

Binance CEO Changpeng Zhao (CZ) denies seeking investments from Abu Dhabi investors for the crypto recovery fund.

1 year ago
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