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✉news BusinessCrypto first seen 4 h ago, last 48 min ago, peak #5

Binance's SAFU Fund Holds $1.27B in Bitcoin

Original: Binance's SAFU fund holds $1.27B in Bitcoin, sits on about $270M profit

Binance's Secure Asset Fund for Users (SAFU), the exchange's emergency insurance reserve, currently holds about $1.27 billion worth of Bitcoin and carries an unrealised profit of roughly $270 million. The figure highlights the size of the protection fund backing user assets on the world's largest crypto exchange and its growing value alongside Bitcoin's price gains.

Why now: Crypto traders are tracking the strength of exchange insurance reserves amid ongoing concerns about platform solvency and security.

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