Binance Launches $1 Billion Fund to Support Startups

Binance, a cryptocurrency exchange behemoth, is set to launch a $1 billion fund for cryptocurrency and blockchain technology startups. Ella Zhang, Head of Binance Labs, announced the establishment of the fund during an online meetup session on May 31, 2018.  The Binance Social Impact Fund The world’s largest cryptocurrency exchange platform will invest $1 billion, in ten separate phases of $100 million each, into what has been dubbed the “Social Impact Fund.” The program will purportedly<br />Read More<br />The post Binance Launches $1 Billion Fund to Support Startups appeared first on Bitcoinist.com.

from Bitcoin news | Published News | Bitcoin news https://ift.tt/2J9c8dl