Binance raises $500 million fund to invest in ‘Web3’ as crypto slides into bear market

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  • Post category:Web 3.0

Binance Labs, the company’s venture arm, has raised $500 million for a fund dedicated to investing in Web3 start-ups. Web3 is a movement in tech that aims to create a new version of the internet based on blockchain technology.

https://www.cnbc.com/2022/06/01/binance-raises-500-million-fund-to-invest-in-web3-startups.html

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