Binance To Allocate 1B Or More Into Industry Recovery Fund

Last updated: June 9, 2025, 13:22

Binance To Allocate 1B Or More Into Industry Recovery Fund

Crypto exchange Binance has allocated

Crypto exchange Binance has allocated another $1 billion for its industry recovery fund, effectively increasing the size of the fund to over $2 billion. The additional

Binance Commits $1B to Crypto Industry Recovery Fund

Binance Commits $1B to its Industry Recovery Fund and Plans to

Binance has officially launched its

Binance to Allocate $1B or more into Industry Recovery Fund

Binance has officially launched its Industry Recovery Initiative (IRI) to assist crypto projects facing financial difficulties and has committed an initial $1 billion with an intent to

Binance tight-lipped on projects funded by $1B crypto

Crypto exchange Binance promised to

Crypto exchange Binance promised to invest a staggering $1 billion, denominated in its branded stablecoin BUSD, into promising crypto startups through its

Is Binance's $1B Crypto Recovery Fund A Gigantic Fizzle?

Binance, the world’s largest crypto exchange, revealed an Industry Recovery Initiativea $1 billion fund to help crypto companies in need. Now, other companies are

Binance is targeting

The industry fund was put in place in order to minimize the strain caused by the downfall of FTX. Binance is reportedly prepping to allocate $1 billion for the purchase of

Binance is targeting $1 billion or more for a previously announced recovery fund to buy distressed crypto assets, CEO Changpeng CZ Zhao said in an interview with

Binance Allocates Another $1B for Its Crypto Recovery Fund

Binance Targets $1B Recovery Fund for Distressed Crypto Assets:

Binance aims crypto recovery with $1B Fund, 7 others with $50M