Binance CEO thinks it's a great time for acquisitions and hiring
Changpeng Zhao, co-founder and CEO of the world's largest crypto exchange, believes crypto-winter is a great time to increase investment in talent and acquisitions.
Zhao said Binance had been frugal and avoided big promotional spending like Super Bowl ads or acquiring the naming rights to sports venues. Competing exchanges have in recent times put their names on the Crypto com Arena and FTX Arena, which host various NBA franchises and other events. Coinbase also jumped on the Super Bowl bandwagon and has been a prominent sponsor across NBA games.
Binance is also looking to increase its investments in other companies, developing efforts such as its $200 million investment in Forbes, which it explained is a strategic move to help bring blockchain technology into more sectors, Bloomberg.
via.TITVN
