Cryptocurrency exchange Binance said on Thursday it was committing $1 billion (nearly Rs. 8,200 crore) to establishing an industry recovery initiative (IRI) to invest in companies from the digital assets sector. The move comes at a time when the crypto market is teetering from the collapse of FTX, which is seeking Chapter 11 bankruptcy protection in the United States.
from Gadgets 360 https://ift.tt/NexqZ7Y
via IFTTT
Home
/
Gadgets 360
/
IFTTT
/
Binance to Establish Industry Recovery Initiative to Invest in Digital Sector Companies
-
Blogger Comment
-
Facebook Comment
Subscribe to:
Post Comments
(
Atom
)
0 comments :
Post a Comment