Binance Launches $1 Billion Raise for Crypto 'Recovery Fund', Could Buy FTX Assets
Binance chief Changpeng Zhao said the fund would initially have $1 billion to buy up distressed assets, but the figure could be increased.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Securitize launches Neuberger Securitize High Income Tokenized Fund across four blockchains
The launch of HINC on multiple blockchains could accelerate the adoption of tokenized assets, enhancing liquidity and accessibilit...
Strategy raised $334 million from MSTR shareholders last week — Bitcoin got none of it
Strategy (formerly MicroStrategy) directed all $333.7 million raised from common-stock sales last week toward preferred-stock obli...
SEC's New Crypto Rule Lets Tokens Raise $75 Million And Eventually Stop Being Securities
The SEC’s proposal makes it easier for crypto projects to raise money in the US and sets out a safe harbour under which a token ca...
Securitize brings Neuberger’s $230 billion fixed-income platform onchain with new tokenized fund
HINC will be available across Avalanche, Ethereum, Solana and Sui, as Securitize expands its push to bring fixed-income strategies...
Binance Gave Russian Investigators Data of Ukraine Donor to Build a Terrorism Financing Case, Documents Show
Binance supplied Russian investigators with a client’s identity documents and transaction history in 2025, and prosecutors folded...
SEC Shelved Crypto Fundraising Rulemaking After Wall Street Group Weighed Legal Challenge: Report
The Securities and Exchange Commission abruptly canceled an open meeting Friday that would have started the formal rulemaking proc...