Binance's post-FTX Industry Recovery Initiative raised over $1 billion but deployed less than $30 million so far.
Binance’s Industry Recovery Initiative was announced in the wake of FTX’s collapse to help crypto projects that were otherwise strong but faced a liquidity crisis. However, the initiative has deployed less than $30 million so far, Bloomberg reported.
Binance moved $985 million of the funds it committed to the initiative back to its corporate treasury for other investments, the spokesperson added.Binance's sole public investment was a $15 million stake in the South Korean crypto exchange GOPAX. The deal was announced in February, but it is still awaiting approval from South Korea’s financial regulator after it postponed the acquisition in July.
“We didn’t identify many projects who would meet our criteria, and this is the same for the other investors,” Binance Labs’ business strategy lead Dana Hou told Bloomberg.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Bank of Israel to sell $30 billion of forex to moderate shekel's volatilityBank of Israel to sell $30 billion of forex to moderate shekel's volatility
続きを読む »
Bank of Israel to sell up to $30 billion in foreign exchange as shekel tumblesBarbara Kollmeyer is based in Madrid, where she leads MarketWatch's pre-markets coverage of financial markets and writes the Need to Know column. She has worked in London and Los Angeles for MarketWatch previously. Follow her on Twitter bkollmeyer.
続きを読む »
Bank of Israel to sell $30 bln of forex to stabilise shekel amid Gaza warThe Bank of Israel said on Monday it will sell up to $30 billion of foreign currency in the open market, in the central bank's first ever sale of foreign exchange, to maintain stability during Israel's war with Palestinian militants in Gaza.
続きを読む »
Payton Pritchard reaches 4-year, $30 million extension with CelticsPayton Pritchard has reached a new long-term deal with the Boston Celtics.
続きを読む »
Payton Pritchard reaches 4-year, $30 million extension with CelticsPayton Pritchard has reached a new long-term deal with the Boston Celtics.
続きを読む »
Checking In On Dr Disrespect’s DEADROP, $30 Cars, Randomized Exotic Crate DropsI’ve been writing about video games, television and movies for Forbes for over 10 years, and you may have seen my reviews on Rotten Tomatoes and Metacritic. I cover all manner of console and PC games, but if it’s about looting or shooting, I’m definitely there. If I’m watching something, it’s usually science fiction, horror or superheroic. I’m also a regular on IGN’s Fireteam Chat podcast and have published five sci-fi novels.
続きを読む »