Binance is extending its support for the wider crypto environment by investing in Nomad Capital, a newly founded crypto venture fund.
Nomad Capital seeks to provide value to its portfolio projects through a variety of means, such as product guidance, business advancement, token economics blueprint, asset procurement, and token release plan, among others.
Nomad Capital, Managing partner, Erick Zhang said:
“Binance’s values and culture have a profound impact on our team and our approach to investing. We are incredibly grateful for Binance’s support and trust. This investment will further propel us forward in our mission to advance the growth of the crypto industry”.