In an interview Thursday with Bloomberg Television’s Haslinda Amin, Zhao provided the most detailed overview yet of the various deals Binance is examining in the wake of rival FTX’s messsy collapse. The centerpiece of Zhao’s plan is gathering partners for a fund aimed at backing promising but cash-strapped crypto projects.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
One question Zhao left open is where Binance will be headquartered, saying only that Dubai and Paris are now its “global hubs.”
financialpost Bitcoin is worthless & it doesn't matter how big the fund is, that won't change. Cash out & find an investment that is backed by actual assets, sales & profits. Otherwise you will eventually lose everything on bitcoin.
financialpost Always inspiring to see a billionaire use surplus billions to help people in need