Binance’s Venture Fund Head Is Waiting for ICO Bubble to Burst

Ella Zhang is in charge of investing $1 billion in blockchain-related businesses, yet her view on the market isn’t too rosy. Zhang, who joined cryptocurrency trading platform Binance to lead its venture incubator Binance Labs less than two months ago, said that while the bull market is positive because it attracts more users, the truly good projects will emerge once the ICO bubble bursts. She’s not making any prediction as to when that will happen.

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