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Binance receives strategic funding from the venture arm of Singapore's sovereign fund
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Vertex Ventures, the venture capital arm of Temasek Holdings, will work with Binance to create Binance Singapore, a fiat-to-crypto exchange. The total amount of funding Binance received from Vertex Ventures was undisclosed. In September, Binance founder and CEO Zhao Changpeng, revealed his intentions to launch a crypto exchange on every continent. Furthermore, Binance recently started beta-testing a fiat-to-crypto exchange in Singapore. (Source: CoinDesk)
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