2022-10-26
"Binance is investing heavily in DeFi." Binance CEO said
Changpeng Zhao, Binance founder said on Twitter that he plans to
invest heavily in cryptocurrency projects. He plan to invest $1 billion for
potential projects and acquisitions.
$325 million has already been invested in 67 projects as of October
2022 for example Aptos and Sui. Binance has also invested in NFT projects and
fan tokens.
In 2021, Binance only invested $140 million for 73 projects.
Facts about Binance
-There are 350 cryptocurrencies available for trading.
-It has 120 million users.
-Binance founder is the richest person in cryptocurrency industry.
-Binance acquired Forbes and coinmarketcap.com to get exposed more
on media industry.
