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Bear Market Not Stopping Binance From Investing $500M Into ‘Web3’ Startups

Binance, which is the world’s largest crypto exchange by trading volume, has raised $500 million for a fund that will invest in Web3 despite the current bear market. According to a report by CNBC published on June 1, Binance Labs, the venture capital arm of Binance, has “raised $500 million for its debut start-up fund, […]