Tron cryptocurrency founder is ready to allocate $ 5 billion to save cryptocurrency companies

San said that about 50−100 companies have already asked for help. Tron is actively processing the applications and studying what can be done in each case to ensure that these companies continue to operate in the industry.

Sun clarified that the $ 5 billion will be allocated from Tron’s reserve and his personal budget. Tron aims to support both strong companies and firms in difficulty. Each deal will be subject to a comprehensive due diligence procedure.

Sun noted that he is more interested in centralized (CeFi) and decentralized finance (DeFi) platforms with a large user base. As for the current market downturn, San is optimistic. He believes that the worst is over, and we need to move forward.

Recently, Changpeng Zhao, the head of Binance, made a similar statement: his company is also ready to help cryptocurrency projects in trouble.