Bearish Market Comfortable for VC Investment – CZBearish Market Comfortable for VC Investment – CZ
By Sheevika Senanayake - December 14, 2018

CEO of Binance Changpeng Zhao (CZ) has stated that Binance is “more comfortable” conducting venture capital investments when the crypto market mood is bearish, rather than bullish. CZ has noted that “valuations are more reasonable” now and only the stronger projects/ teams are left, which makes it a better investment opportunity. Binance Labs had stated yesterday that it will be starting “incubator programs in Berlin, Buenos Aires, Lagos, Singapore and Hong Kong in March 2019.