Binance has announced the launch of its $400 million "Together Initiative," which combines up to $300 million in USD Coin (USDC) distributions for eligible users with a $100 million low-interest loan fund aimed at institutional recovery.
Changpeng Zhao, founder and former CEO of Binance, has expressed optimism about the potential of real-world asset tokenization but noted challenges such as liquidity traps, regulatory fragmentation, and flawed design mechanisms.
Jane He, General Partner of YZi Labs, said that Binance founder Changpeng "CZ" Zhao's dedication to biotech investing is driven by his commitment to supporting overlooked innovators and prioritizing people.