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Binance and WazirX announces block chain fund for India

March 17, 2020

Binance and WazirX announces block chain fund for India

Binance and WazirX announced $50 million block chain fund in India for the growth of block chain start-ups. The fund will be invested in start-ups to resolve the industrial and social problems.

Binance CEO and Founder Changpeng Zhao said, “The main focus of the company is to fund the start-ups which fail to raise funds and provide them mentorship”.

The block chain fund will also partner with investment funds to grow the block chain community in India.

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