Binance's Zhao flags possible $1 billion for distressed assets

Binance CEO pledges to form a $1 billion fund to buy distressed assets in the wake of FTX's collapse

The head of Binance said he plans to launch the fund soon given "the industry needs saving now, not in 2023," per Bloomberg.

Binance CEO Zhao flags possible $1 bln and more for distressed digital assets sector

Binance Holdings Ltd. is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital-asset sector, its Chief

Binance's Zhao flags possible $1 billion for distressed assets

Zhao said Binance US is planning to revive its bid for the assets of Voyager Digital

Binance's Changpeng Zao Flags Possible $1 Billion Fund For Distressed Assets: Report

Cryptocurrency exchange Binance is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital sector, Bloomberg News reported today.

Binance's Zhao flags possible $1 billion for distressed assets

Cryptocurrency exchange Binance is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital sector, Bloomberg News reported on Thursday, citing an interview with Chief Executive Officer Changpeng Zhao. Zhao hinted at the possibility of allocating more funds in th

Binance’s Zhao flags possible $1B for distressed assets

Cryptocurrency exchange Binance is aiming for roughly a $1-billion fund for the potential purchase of distressed assets in the digital sector, Bloomberg News reported on Thursday, citing an interview with Chief Executive Officer Changpeng Zhao.