Blockchain for India - Binance Announce 50 Millon Dollar fund

Binance, a well known cryptocurrency exchange recently acquired the indian cryptocurrency exchange wazirx. In the month of march, wazirx and binance announced 50 million dollars fund to enhance blockchain technology in India
This fund is backed by binance coin, BNB and wazirx token WRX.

They use this fund to invest in Local blockchain business and to support students in blockchain related research work and the selected research projects will have access to binance cloud, binance DEX

Wazirx founder Nischal Shetty said,

“With this fund, we want to encourage and enable more and more founders and teams to come in and BUIDL. This initiative also shows the incredible potential that the Indian blockchain ecosystem has to offer.
 
This is not only funding but also provides membership to local business people. Now blockchain has stood as the phenomenal technology, now industries have started adopting it. Hope for the better development in blockchain in India.

Wazirx is the started as the simple exchange platform, very soon it transforms as the international Crypto Exchange. One can also start an exchange like wazirx with wazirx clone script.

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This is Alice, I am a Tech Geek. Experienced professional in providing ideas for blockchain and cryptocurrency-related business startups.

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