#BinanceBuild Achievements in 2023

Kazakhstan has officially launched **Alem Crypto Fund OEIC Ltd.**, a government-backed institutional crypto investment platform. **Key Details:** - Backed by Kazakhstan's Ministry of AI & Digital Development - Regulated by AFSA and operates within AIFC framework - **Binance Kazakhstan** serves as strategic partner - Fund's first investment targets **BNB tokens** This launch represents significant institutional adoption, with direct government support signaling Kazakhstan's commitment to digital asset integration. The partnership with Binance adds credibility and operational expertise to the initiative. The fund aims to create digital asset reserves and provide institutional investment opportunities in the crypto space. This follows Kazakhstan President's earlier calls for a national crypto reserve strategy. **Government trust** in digital assets is evident through this official backing and regulatory framework. [Read full announcement](https://www.gov.kz/memleket/entities/maidd/press/news/details/1077013?lang=en)

**Falcon Finance ($FF) faces trading delay on Binance Spot** The launch of Falcon Finance trading on Binance has been pushed back by 30 minutes due to an on-chain airdrop delay. The token was scheduled to begin trading today but technical issues with the airdrop distribution caused the postponement. **Key details:** - Trading start time delayed by 30 minutes - Delay caused by on-chain airdrop technical issues - Binance has provided official announcement with updates **Trading competition still active** Despite the delay, Binance's trading competition for $FF remains live, offering participants a chance to share 35,000,000 $FF tokens. Traders should check [Binance's official announcement](https://www.binance.com/en/support/announcement/detail/f7e9eab99eac49d493d7eb5b745cfd4d) for the updated trading start time.

**Binance announces OpenEden (EDEN) airdrop** for BNB holders, continuing its recent pattern of token distributions. **Key details:** - Airdrop portal opens within 24 hours - Available exclusively to BNB holders - EDEN token will list on Binance following the airdrop **Recent context:** This marks the third major airdrop announcement in recent weeks, following Mira (MIRA) and 0G token distributions. BNB holders should check the [Binance Airdrop Portal](https://www.binance.com/en/support/announcement/feec6071453d4433bf251e8e17438c7c) for eligibility requirements.

**Blockchain technology is revolutionizing remittances** by offering faster, cheaper, and more transparent international money transfers. **Key advantages include:** - Reduced transaction fees compared to traditional services - Faster processing times for cross-border payments - Enhanced transparency through blockchain tracking - Greater accessibility for unbanked populations Traditional remittance services often charge high fees and take days to process. **Blockchain-based solutions eliminate intermediaries**, cutting costs significantly while speeding up transfers. The technology provides **real-time transaction tracking** and reduces the need for correspondent banking relationships. This makes international money transfers more efficient for millions of people worldwide. [Learn more about blockchain remittances](https://academy.binance.com/en/articles/blockchain-use-cases-remittance)

Binance has launched a new **Aave-Plasma USDT Locked Product** on its On-Chain Yields platform, offering users up to **7% APR** on locked USDT. Key details: - 100M XPL tokens already distributed to eligible users - Users can lock more USDT or stay subscribed to current positions - Additional incentive campaigns planned for the future - Partnership between Aave and Plasma Foundation The product is now open for subscription, allowing users to earn daily yields on their USDT holdings through Binance's on-chain earning platform. [Learn more about the product](https://www.binance.com/en/support/announcement/detail/9ad9d8e506f549feafb8750d13fe258e)