Analysis: Binance founder Changpeng Zhao's Industry Recovery Initiative, aiming to raise $1B after FTX's collapsed, deployed less than $30M since November 2022 (Emily Nicolle/Bloomberg)
Emily Nicolle / Bloomberg:
Analysis: Binance founder Changpeng Zhao’s Industry Recovery Initiative, aiming to raise $1B after FTX’s collapsed, deployed less than $30M since November 2022 — – IRI has invested less than $30 million, wallet analysis shows — Project had big-name backers like Jump Crypto, Animoca