Jump Crypto, Aptos Labs Commit to Binance-Led $1B Recovery Fund
2022/11/24 18:09
Aptos Labs and Jump Crypto have announced a commitment to contribute $50 million to the $1 billion Industry Recovery Initiative (IRI) led by Coin.Jump Crypto and Aptos Labs, the entity behind the newly launched Aptos blockchain, have joined venture capital firms Polygon Ventures and Animoca Brands, as well as GSR, Kronos and Brooker Group to fund the fund. Binance announced a $1 billion industry recovery plan brief, to be increased to $2 billion if needed, and Firebee previously announced its active participation in the industry recovery plan.
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