Tron [TRX] and Binance sailing together; NASDAQ mention indicates adoption
Changpeng Zhao [CZ], the Founder of the largest cryptocurrency exchange by trading volume, Binance, recently posted an appreciation tweet regarding the coverage and mention of Blockchain Charity Foundation [BCF] by NASDAQ.
In a previous report by the Tron Foundation, it was confirmed that the two foundations will be working in synergy to boost world development involving the blockchain technology. The tweet by Binance CEO stated:
“NASDAQ carries news about @Binance, @BinanceBCF, @Tronfoundation and #Malta. Thanks! Can’t wait till Nasdaq turns on more crypto trading for institutions.”
In response to CZ’s tweet, Justin Sun, the Founder of the Tron Foundation also joined in and wrote a celebratory post on the collaboration and adoption of the blockchain technology. In his words:
“Hope @Tronfoundation, @binance and @BinanceBCF can work together to accelerate the massive adoption of blockchain industry! #TRON #TRX $TRX”
The tie-up between the Blockchain Charity Foundation of Binance and the United Nations Development Program [UNDP] was announced in the end week of September, during the 73rd UN General Assembly. The partnership is believed to represent the agenda of working towards social development to propagate the blockchain technology as a solution. It was also reported that the foundation doled out a million dollars to the United Nations in favor of the cause.
The strata of society that falls directly under the focus of the BCF-UNDP partnership is the developing nations. Here, the joint party aims to empower the population living below the poverty line and propel financial upliftment.
In the mutual developments of the Binance’s native coin Binance Coin [BNB] and Tron [TRX], both the cryptocurrencies moved markets by keeping ahead in the race. While BNB surpassed Ethereum Classic [ETC] and Neo [NEO] to grab the 14th spot, TRX jumped from 13th to the 11th position by market capitalization, according to CoinMarketCap.
On the tweet by CZ, a crypto and blockchain believer, Elijaboom asked about the possibility of a joint venture involving the two foundations. The user wrote:
“Why don’t you both just join-venture together “
Here, CZ responded positively, stating that he is not against the idea and revealed that the two parties have a joint-venture with Malta Stock Exchange as well. He further added:
“Happy to contribute where we can to make crypto more accessible, and the industry bigger.”
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