Home / Binance / Crypto Exchange Binance Launching $1 Billion Venture Capital Fund: Local Reports

Crypto Exchange Binance Launching $1 Billion Venture Capital Fund: Local Reports

Binance, one of the world’s largest cryptocurrency exchanges, will launch a $1 billion venture capital fund designed to incubate blockchain projects, local media outlets have reported. According to Hong Kong-based news outlet China Money Network, Ella Zhang — head of Binance Labs — announced the fund this week at an online meetup, explaining that it

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