The crypto giant has $1 billion to spend on acquisition deals
Binance, which has so far invested in 67 projects in 2022, still sees plenty of opportunities in the market in spite of the massive market collapse. According to Zhao, the company is eyeing deals in such sectors as gaming, e-commerce, and others. Now, its potential acquisition deals also include banks.
The cryptocurrency billionaire has stressed that Binance could potentially help banks to expand their user base and increase their valuation.
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