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Last updated: June 17, 2025, 10:43  |  Written by: Elizabeth Rossiello

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Binance Chief Executive Changpeng Zhao

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

Binance will launch a new ‘industry recovery fund’

Binance chief executive Changpeng Zhao said the cryptocurrency exchange plans to launch a fund to help crypto projects facing a liquidity crisis as the collapse of rival

To Reduce Further Cascading Negative

Among other things, the Binance-led industry recovery fund initiative would help to shore up cryptocurrency projects exposed to FTX collapse, which would essentially

“To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis. More

“To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong but in a liquidity crisis. More

Binance

Binance to Set Up Industry Recovery Fund Following FTX’s

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 pledges to create crypto industry recovery fund, calls for

Binance CEO to Launch Crypto Recovery Fund Following FTX

Binance to launch industry recovery fund to minimize strain from

CZ & Binance leading the industry recovery fund initiative, what to

The Head Of Binance Is

Cryptocurrency exchange giant Binance’s Chief Executive Officer Changpeng ‘CZ’ Zhao announced plans for an industry recovery fund amidst FTX’s staggering

The head of Binance is launching a fund to aid crypto projects in need of financial backing in the wake of the stunning implosion of crypto exchange FTX and the

Elizabeth Rossiello can be reached at [email protected].

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