Binance raises $500 million fund to invest in 'Web3' as crypto slides into bear market - CNBC

Web3 aims to create a new version of the internet based on blockchain technology.

Binance, the world's largest cryptocurrency exchange, is launching its own venture capital fund. The company's venture arm, Binance Labs, said Wednesday it has raised $500 million for its debut star… [+3500 chars]

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