The major cryptocurrency exchange, Binance, recently announced a collaboration with Web3 leaders. The integration will place them at the helm of Web3 IRI (Industry Recovery Initiative).
IRI will create co-investment opportunities for companies trying to build and support Web3. To help users understand IRI and its operations, Binance released a brief post on its website.
The post made clear that IRI will not function as an investment fund. Companies can gain access to investment opportunities through IRI by setting aside money commitments in public addresses for transparency.
(By Roxanne Williams)