Cryptocurrencies

Binance Starts $1 Billion Crypto Growth Fund for Blockchain

Investments may support gaming, finance, virtual reality
Funds will also go toward builders, talent development

Changpeng “CZ” Zhao
Photographer: Akio Kon/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Joanna Ossinger

October 12, 2021 at 12:20 PM UTC

This article is for subscribers only.

Follow @crypto Twitter for the latest news.

Binance, the largest cryptocurrency exchange, has launched a $1 billion growth fund in support of the Binance Smart Chain blockchain, with the goal of helping to accelerate adoption of digital assets and blockchain technology.