Wed. Dec 7th, 2022

The FINEX Foundation and Binance reached a strategic cooperation. Binance raised $50 million to obtain an 18% stake in the FINEX exchange.

The two parties released CASA smart contracts on the Binance public chain and signed a CASA listing cooperation agreement on the Binance Exchange.

Christy Hyungwon Choi, Director of Binance Labs, will serve as CASA’s global investment advisor and develop incubation projects (Christy Hyungwon Choi is responsible for the investment and incubation of Binance Labs, the world’s largest crypto asset trading platform.)

Binance and FINEX will establish the BFC Charity Foundation, supervised and operated by Binance Charity Foundation BCF!

Christy Hyungwon Choi:

Christy Hyungwon Choi is the director of Binance Labs, responsible for the investment and incubation of Binance Labs, the world’s largest crypto asset trading platform.

Binance Labs just opened applications for Season 3 of its Incubation Program, the home of some of the most promising blockchain projects and BUIDLers in the world. From Binance Chain and gaming to DeFi, Binance Labs looks for innovative projects to further mainstream crypto adoption –– find out what’s new in Season 3 and apply today.

FINEX exchange better serves global users, and at the same time, for compliance operations, it protects the legal and compliance interests of all users! Binance worked with Marco Santori, Chief Compliance Officer of FINEX Exchange, to monitor and upgrade FINEX Exchange data. Binance will also work with FINEX to build more incubation projects, raise more high-quality projects, and escort global investors!

FINEX fund company inquiry link:

https://www.coloradosos.gov/biz/BusinessEntityCriteriaExt.do

Enquiry code: 20218078622

Financial Crimes Enforcement Network:

https://www.fincen.gov/msb-state-selector

FINEX MSB qualification, qualification query number:31000203032526

Binance and FINEX will establish the BFC Charity Foundation, supervised and operated by Binance Charity Foundation BCF!

Our aim is to create last-mile solutions for impactful social projects and scaling them up quickly to fundamentally change millions of lives. People with non-smart phones can now own crypto wallets to receive and transfer crypto currencies that serve as alternative assets to protect their property value.

Our Mission

With our partners and donors, we aim to not only create thoughtful solutions and long-term change for some of the world’s most complex problems, but also a brand new experience for donating.

We also want to give everyone the ability to see how their contributions via blockchain technology are making visible changes in the world.

We envision a world where blockchain technology can be used for philanthropy as a social contract to end all forms of poverty and inequality, and advance sustainable development to ensure no one is left behind.

2021 Initiative

Binance Charity wants to spearhead new innovative solutions towards impactful social projects and efficiently scaling them up to fundamentally change millions of lives. We want to give people without smartphones the ability to receive and transfer crypto currencies as an alternative form of safeguarding their assets. We are also looking at empowering more NGOs and volunteers by giving them an efficient and engaging volunteer management solution with Binance’s blockchain infrastructure.

Our Approach

Transparent Donation System
We create a blockchain-based donation system that makes each transaction flow transparent, accountable, and efficient.

Developing & Testing Innovative Solutions
We work onsite to understand local needs and develop solutions for specific social problems. We continually test and improve on our solutions to scale up the social impact.

International Advocacy
We facilitate in-depth cross-sectional dialogues at international events to enhance global awareness of the social power of blockchain, encourage applications at greater scale, and make blockchain accessible to the youth and more vulnerable communities.

Helen Hai

Helen is the United Nations Industrial Development Organization (UNIDO) Goodwill Ambassador for Industrialization in Africa. She is heading the Binance Blockchain Charity Foundation with the mandate to use Blockchain for Social Good. Ambassador Hai was named a 2015 Young Global Leader by the World Economic Forum, and she is the co-chair of the Global Future Council on the Future of Consumption for the World Economic Forum. Ambassador Hai was named 2017 Wu Fellow by UC Berkeley, Global Visionary by UBS, and she was also featured on the “Ones to Watch” for Bloomberg’s 50 People Who Shaped 2018 in Unexpected Ways list.

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