Categories: Technology

Analysis: Binance founder Changpeng Zhao's Industry Recovery Initiative, aiming to raise $1B after FTX's collapsed, deployed less than $30M since November 2022 (Emily Nicolle/Bloomberg)

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Emily Nicolle / Bloomberg:

Evaluation: Binance founder Changpeng Zhao’s Business Restoration Initiative, aiming to lift $1B after FTX’s collapsed, deployed lower than $30M since November 2022  —  – IRI has invested lower than $30 million, pockets evaluation reveals  — Challenge had big-name backers like Leap Crypto, Animoca



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