The world’s largest cryptocurrency exchange, Binance, is thought to be planning to increase adoption towards cryptocurrencies by investing in non-crypto platforms.
According to the news made by Koin Bulletin on February 10, Binance, 200 to Forbes, the 104-year-old magazine and digital publisher. announced a million-dollar investment.
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Binance CEO, Changpeng Zhao (CZ), said in an interview with the Financial Times on March 9, that he is from business sectors other than crypto. invest in one or two companies He said he plans to do it. CZ further states that the main purpose of these investments is attracting companies to the crypto sector declared that.
According to data from The Block’s 2022 of the year February in Binance, 423 billion dollars It has realized over 50,000 crypto trade volumes and is about approx. 15% decrease lived. According to CZ’s statement, the company’s revenue 90% of from these transactions from commissions is coming.
“Binance is dealing with regulations while trying to invest in other platforms,” CZ said in an interview. said.
Binance has recently announced that it will offer the opportunity to trade in Malaysia again by signing with MX Global.
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