Binance Commences Major Bitcoin Conversion for SAFU Fund, Strengthening User Protection
Binance has initiated a significant strategic move, commencing the conversion of its SAFU (Secure Asset Fund for Users) reserves from stablecoins to Bitcoin. The first tranche of this pivotal conversion saw $100 million, equivalent to approximately 1,315 BTC, successfully moved. This follows Binance’s earlier announcement to recalibrate the SAFU Fund’s asset structure, gradually transitioning its substantial $1 billion stablecoin holdings into Bitcoin reserves.
Since the initial declaration on January 30th, Binance has been actively acquiring Bitcoin. These newly acquired assets will be progressively transferred to the SAFU Fund, with the entire conversion process slated for completion within 30 days. This proactive approach underscores Binance’s ongoing commitment to exploring innovative measures and continuously channeling resources back into the broader cryptocurrency ecosystem.
In a move to ensure robust and consistent user protection, Binance has also committed to regular audits of the SAFU Fund’s asset valuation. Should the fund’s market value dip below $800 million due to the inherent volatility of Bitcoin, Binance pledges to replenish the fund with additional Bitcoin, ensuring its total value consistently remains at $1 billion.
#币安 SAFU 基金资产转换进度更新⬇️
币安已完成 SAFU 基金首批 1 亿美元的比特币转换
我们的 SAFU BTC 地址：1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
自此前声明发布当日起，币安持续购入比特币，后续将分批转至 SAFU 基金，并按计划在 30 日内完成转换。 pic.twitter.com/zx99ktZXRV
— 币安 Binance 华语 (@binancezh) February 2, 2026
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