Binance Founder CZ Credits Michael Saylor for Linking Traditional Capital to Crypto

Changpeng Zhao says Michael Saylor developed a structure allowing crypto firms to raise funds from traditional markets, according to remarks to BNB Network CEO David Namdar.

BNB

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Terms & Concepts
  • Traditional Capital: Funds originating from conventional financial markets, such as banks, investment firms, or institutional investors.
  • Crypto Fundraising: The process by which cryptocurrency companies raise investments, which can include methods from both decentralized finance and traditional markets.
  • Binance: A global cryptocurrency exchange founded by Changpeng Zhao, offering trading of various digital assets.