Speeches and actions – Binance’s $1 Billion Support Fund which Changpeng Zhao announced recently, is attracting crypto industry players. Some have already made a commitment to contribute, while others also say they want to be on the list of participants.
Binance Support Fund: Will Justin Sun be part of the game?
Tron DAO and its founder, Justin Sun, would like to help build Binance’s crypto industry support fund. A spokesperson for Tron DAO told The Block media that they have ” asked to join this funding initiative “. There is no official confirmation from Binance on this potential request, as of this writing.
Binance would have already received more than 150 requests with early contributors, following Changpeng Zhao’s confirmation of the establishment of this fund. Jump Crypto, Polygon Ventures, Aptos Labs, Animoca Brands, GSR, Kronos, and Brooker Group have agreed to participate with an initial aggregate commitment of approximately $50 million.
Justin Sun apparently wants to show that he can actually do his part to support viable crypto projects, but which are facing difficulties due to the FTX crisis. The founder of Tron (TRX) had already offered help to Sam Bankman-Fried in the early stages of FTX’s collapse, but in fact, we do not know the part of the concrete and that of the announcement effects.
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