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Binance launches $500 million Web3 venture fund
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Changpeng Zhao, founder and CEO of Binance, says: “In a Web3 environment, the connection between values, people, and economies is essential, and if these three elements come together to build an ecosystem, that will accelerate the mass adoption of the blockchain technology and crypto. The goal of the newly closed investment fund is to discover and support projects and founders with the potential to build and to lead Web3 across DeFi, NFTs, gaming, Metaverse, social, and more.”Since 2018, Binance Labs has invested in and incubated more than 100 projects from over 25 countries.
Read more on finextra.comAbout this in other media
Binance resumes withdrawals as many retail crypto investors monitor exchanges cointelegraph.com /1 year ago
Cryptocurrency market cap falls below $1 trillion, Binance suspends BTC withdrawals moneycontrol.com /1 year ago
Binance pauses bitcoin withdrawals due to a 'stuck transition' as crypto sell-off deepens cnbc.com /1 year ago
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