Billion

<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/czs-1-billion-plan-to-save-crypto-fizzles-out-with-minimal-investment/">CZ’s $1 Billion Plan to Save Crypto Fizzles Out with Minimal Investment!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p>
<p>Binance founder Changpeng Zhao’s plan to save the crypto industry with a $1 billion investment has quietly fizzled out, according to wallet analysis. The project, which had big-name backers like Jump Crypto and Animoca, received less than $30 million in investments from IRI. The investment was proposed during the chaotic aftermath of the FTX crypto exchange’s unraveling in November 2020. Zhao’s effort was seen as a way to help stabilize the industry by providing funding to struggling startups.</p>

CZ’s $1 Billion Plan to Save Crypto Fizzles Out with Minimal Investment!

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