Binance's SAFU Fund Surpasses $1.27 Billion in Value

Binance's SAFU fund, established in 2018, has grown significantly in value after the company converted $1 billion in stablecoins into 15,000 BTC in mid-February 2026. At the time, the Bitcoin price was around $67,000, and the total value of the fund was approximately $1.005 billion.

Fast forward to early May 2026, the Bitcoin price had risen to above $81,000, and the fund's value had climbed to over $1.2 billion. This resulted in an unrealized gain of approximately $217 million. By the end of May, the fund's value had surpassed $1.27 billion, with paper profits reaching about $270 million.

Binance has made the fund's wallet public, allowing anyone to track its balance on-chain. The exchange has also committed to regular audits of the fund and a top-up rule, where it will restore the fund to $1 billion if its market value falls below $800 million.