According to media reports, Changpeng Zhao, the CEO of Binance, is in talks with Middle Eastern investors to support crypto money projects.
According to Bloomberg, Binance A new fund to bail out financially struggling crypto projects plans to establish.
Changpeng Zhao, the CEO of Binance, reportedly held meetings with some investors in Abu Dhabi to set up this fund.
According to the report, Zhao met with several people last week, including some linked to the UAE’s National Security Advisor.
The fund that Binance plans to set up It is not yet known what kind of projects this fund will support..