Binance, the world’s largest crypto exchange, said on Wednesday it closed a new $500 million investment fund. The exchange said it will look into investing in blockchain, web3, and “value-building technologies” with the new fund. The raising was conducted by Binance Labs, the exchange’s venture capital arm. Major backers for the fund include DST Global The post Breaking: Binance Builds $500 Mln Crypto Fund Amid Bear Market appeared first on CoinGape.