TRON founder Justin Sun speaks about Binance BCF, Bakkt, Bitcoin ETF & more
TRON founder Justin Sun recently shared about his relationship with Binance, his opinion on Bitcoin ETF and Bakkt. Sun revealed what motivated him to donate to Binance’s new Binance Charity Foundation (BCF). BCF aims to bring about a social change with the help of blockchain. Recently, Sun donated $3 million to the BCF and he explained that he did so because that’s what TRON believes in.
Sun told CNN, “Our network isn’t a means for individuals or institutions to gain short-term profit; it was built to make the internet decentralized again. This mission itself is not profit-seeking, but rather aims to give rights like data privacy and transparency back to the user—rights that inherently belong to and benefit the people.”
The underlying principles of BCF are the same, to strength of community. And, Sun believes to achieve that community players such as TRON influence and inspire. Not only TRON, Sun believes organizations like Binance who share goals and vision that’s similar to TRON’s vision is also needed. Therefore, TRON donated $3 million to support Binance, BCF.
While speaking about his relationship with Binance CEO ChangePpng Zhao, he said that they have shared a long and meaningful partnership with Binance for years and said that the support TRON gave to Binance BCF “is just another step in our long-term strategic collaboration.”
Sun also mentioned that he is confident that both the companies will continue to find new ways to work together with the aim to advance the crypto and blackchain space. Sun also shared his thoughts on Bakkt. He said, “The arrival of an organization like Bakkt shows that mainstream financial institutions are beginning to understand and embrace blockchain and cryptocurrency. We are excited to see this trend and encourage more traditional financial institutions to join in.”
The TRON founder also shared his view on whether will approve a bitcoin ETF or not. According to Sun, the SEC’s approval of a Bitcoin ETF is “inevitable”.
Other than TRON, Justin Sun chooses Bitcoin & Ethereum as his favourite projects
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Author: Pinaz Kazi