Binance completed a $1 billion shift of its SAFU reserve into Bitcoin after purchasing a final 4,545 BTC tranche.
Binance claims a 97% drop in sanctioned exposure since early 2024, backed by internal data and extensive compliance ...
Binance completed the $1 billion Bitcoin conversion for its emergency fund, committing to holding Bitcoin as its core reserve asset. Binance purchased another $304 million worth of Bitcoin (BTC) on ...
The latest accumulation is part of a broader plan to convert the entire $1 billion reserve into Bitcoin over a 30-day period. Could this offer clues about broader ...
Internal investigators said at least two accounts allegedly saw $1.7bn move to Iranian-backed groups ...
Binance SAFU fund hits $1B with 15,000 BTC, overtakes Coinbase, and enters top 10 Bitcoin treasuries after completing rapid conversion plan.
Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin. But on April 18, 2024, Binance denominated the entire fund — 100% of SAFU assets — in Circle’s USD Coin ...
Binance bought $300 million in Bitcoin for its SAFU reserve, pushing the fund past $720 million as the exchange shifts its emergency buffer to BTC. Binance added another $300 million worth of Bitcoin ...
BlackRock Inc.’s tokenized fund will be accepted as collateral on Binance Holdings Ltd., in a step that broadens access of the asset manager’s blockchain-linked products on the largest crypto trading ...
Franklin Templeton and Binance launch an institutional tokenization program using money funds as secured trading collateral ...
Fund managers will have trading capabilities over the fund accounts while deposits and withdrawals are limited to their investors, giving investors the confidence their assets are securely kept on ...
Binance’s SAFU Fund has bought $734 million in Bitcoin, fueling debate over whether its accumulation signals crypto cycle shifts.