Gate.io pledges $100M to revive crypto and rebuild investor confidence By Cointelegraph
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In a move to tone down the negative impacts of a bear market and ecosystem collapses, crypto exchange Gate.io launched an industry liquidity support fund with an initial commitment of $100 million.
With investors moving their funds away from exchanges into self-custody, market liquidy concerns are an immediate threat to struggling crypto businesses. Gate.io’s $100 million commitment aims to support companies looking to restrategize and adapt to changing market conditions.
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In a move to tone down the negative impacts of a bear market and ecosystem collapses, crypto exchange Gate.io launched an industry liquidity support fund with an initial commitment of $100 million.
With investors moving their funds away from exchanges into self-custody, market liquidy concerns are an immediate threat to struggling crypto businesses. Gate.io’s $100 million commitment aims to support companies looking to restrategize and adapt to changing market conditions.
Continue Reading on Coin Telegraph
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