Binance Pledges An Additional $1B For Its Crypto Recovery Fund: What Investors Need To Know – BNB (BNB/USD), Bitcoin (BTC/USD)
Cryptocurrency exchange Binance has pledged another $1 billion towards its industry recovery fund, increasing the total amount of the fund to $2 billion, according to its CEO Changpeng Zhao. Zhao made the announcement on Friday. Along with other well-known crypto companies, Aptos Labs and Jump Crypto have already joined Binance’s initiative and will each make a $50 million donation to the fund.