„Binance“ sukuria 500 mln. USD vertės kriptovaliutų fondą „Amid Bear Market“.

Binance, the world’s largest crypto exchange, said on Wednesday it closed a new $500 million investment fund.

keitimasis informacija sakė it will look into investing in blockchain, web3, and “value-building technologies” with the new fund.

The raising was conducted by Binance Labs, the exchange’s venture capital arm. Major backers for the fund include DST Global Partners, Breyer Capital, and Whampoa Group, with other investment houses acting as limited partners.

The fund will invest in companies across all stages of growth, including incubation, early-stage, and late-stage.

Binance labs has backed several major projects

Binance is no stranger to investing in crypto startups. The exchange’s venture capital arm has invested in several major upcoming crypto firms, including Axie Infinity, Polygon, Elrond, The Sandbox, and STEPN.

The goal of the newly closed investment fund is to discover and support projects and founders with the potential to build and to lead Web3 across DeFi, NFTs, gaming, Metaverse, social, and more.

-Binance CEO Changpeng ‘CZ’ Zhao

But this has sometimes been to the company’s detriment. The company received over 3 million LUNA tokens for its investment in Terra, and had held $1.6 billion worth of LUNA at their price peak. 

The tokens are now at a fraction of their value. The exchange has also received flak for promoting UST on its platform.

Binance’s fundraising also comes during a troubled time for crypto markets, with a crash in May driving valuations to their lowest since early-2021. While markets are recovering slightly now, further price strength remains to be seen.

Still, Binance has recently ventured beyond crypto investments. The exchange committed 500 milijonų dolerių nuosavo kapitalo towards Elon Musk’s Twitter takeover.

Venture capitalists raise funds despite market crash

Binance isn’t alone in raising funds during the market crash. Crypto VC Andreessen Horowitz recently launched a 4.5 mlrd. USD fondas to capitalize on lower valuations caused by the recent crash.

In late-April, Dragonfly Capital lunched its biggest ever fund, vertinamas 650 milijonų dolerių. This also comes after several other major funds raised crypto-focussed ventures earlier this year.

Turėdama daugiau nei penkerių metų patirtį pasaulinėse finansų rinkose, Ambar ketina panaudoti šias žinias sparčiai besiplečiančiame kriptovaliutų ir DeFi pasaulyje. Jo susidomėjimas daugiausia susijęs su tuo, kaip geopolitiniai pokyčiai gali paveikti kriptovaliutų rinkas ir ką tai gali reikšti jūsų bitkoinų atsargoms. Kai jis neieško žiniatinklio naujausių naujienų, galite rasti jį žaidžiantį vaizdo žaidimus arba žiūrintį Seinfeldo kartojimą.
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Pateiktame turinyje gali būti asmeninė autoriaus nuomonė ir jis priklauso nuo rinkos sąlygų. Prieš investuodami į kriptovaliutas, atlikite rinkos tyrimus. Autorius ar leidinys neprisiima jokios atsakomybės už jūsų asmeninius finansinius nuostolius.

Source: https://coingape.com/breaking-binance-builds-500-mln-crypto-fund-amid-bear-market/