$FRAX Frax (FRAX) Mainnet Swap & Rebrand Completed
Binance has finished the mainnet swap and rebranding of Frax Share (FXS) to Frax (FRAX). Deposits and withdrawals of the new FRAX tokens are now live, solidifying the transition.
2. $50M Institutional Backing for frxUSD
ATW Partners will invest up to $50 million into Frax’s frxUSD stablecoin, with BitGo providing institutional custody. This underscores growing institutional interest in Frax’s dollar-backed assets and bridges TradFi and DeFi flows.
3. Binance Expands FRAX Support Across Services
Binance announced FRAX will be supported across multiple products including Earn, Buy Crypto, Convert, Margin, and Futures, which can boost liquidity and accessibility for traders and institutional participants.
$FRAX
#MarketRebound #BTC100kNext? #StrategyBTCPurchase #frax
Binance has finished the mainnet swap and rebranding of Frax Share (FXS) to Frax (FRAX). Deposits and withdrawals of the new FRAX tokens are now live, solidifying the transition.
2. $50M Institutional Backing for frxUSD
ATW Partners will invest up to $50 million into Frax’s frxUSD stablecoin, with BitGo providing institutional custody. This underscores growing institutional interest in Frax’s dollar-backed assets and bridges TradFi and DeFi flows.
3. Binance Expands FRAX Support Across Services
Binance announced FRAX will be supported across multiple products including Earn, Buy Crypto, Convert, Margin, and Futures, which can boost liquidity and accessibility for traders and institutional participants.
$FRAX
#MarketRebound #BTC100kNext? #StrategyBTCPurchase #frax