Binance Holdings Ltd. announced on Tuesday the launch of a new initiative worth $400 million, aimed at supporting users and the industry through market turmoil. The “Together Initiative” consists of $300 million in token vouchers between $4 and $6,000, which will be distributed to eligible users, and a $100 million low-interest loan fund to help ecosystem and institutional users, who were significantly affected by market volatility. “As with other challenging periods in crypto’s short history, we will get through this together, as one industry. We remain confident in our industry’s future. Finally, we would like to remind our community and users again that the crypto market is volatile and investment risks are inherent. Please invest rationally, manage your positions appropriately, and exercise due diligence,” the company said in a statement.