Binance’s $1bn fund and its first step into institutional investing

Too Long; Didn't Read

Today, Binance, one of the largest cryptocurrency exchanges, <a href="https://news.google.com/stories/CAAqgQEICiJ7Q0JJU1Zqb0pjM1J2Y25rdE16WXdTa2tLRVFpUno0M0NqSUFNRVF3QkExZjk3TmpMRWpSQ2FXNWhibU5sSUdGdWJtOTFibU5sY3lBa01TQmlhV3hzYVc5dUlHSnNiMk5yWTJoaGFXNGdjM1JoY25SMWNDQm1kVzVrS0FBUAE?hl=en-NG&amp;gl=NG&amp;ceid=NG%3Aen" target="_blank">announced plans to establish a US$1 billion fund</a>. Ella Zhang, head of Binance Lab, announced in an online conference.<a href="https://techcrunch.com/2018/06/01/binance-1-billion-investment-fund/" target="_blank"> Per Techcrunch’s report</a> about the fund,