Jan 30, 2026

Binance to Convert $1 Billion SAFU Fund to Bitcoin Amid Market Volatility

TLDR: Binance will convert its entire $1 billion SAFU fund from stablecoins to Bitcoin reserves within 30 days of announcement. The exchange prevented approximately $6.69 billion in scam-related losses for 5.4 million users throughout 2025. Binance’s proof-of-reserves showed $162.8 billion in fully backed user assets across 45 cryptocurrencies by year-end. The platform will rebalance the [...]

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Source: Blockonomi →