Binance founder Zhao Changpeng said in an interview with Bloomberg Television, “The goal is to set up a fund with a scale of about 1 billion US dollars to buy non-performing assets in the digital asset field, and may allocate more.” In addition, Zhao Changpeng said , “Has spoken to a number of people in the industry about its previously mentioned industry recovery fund, more information about the fund will be announced soon. We have partnered with the cryptocurrency company Genesis. We will make another bid to buy Voyager assets.” Foresight News previously reported that FTX beat rivals Wave Financial and Binance to win the Voyager auction after Binance’s bid for US Voyager was rejected due to national security concerns in the previous September auction.