SFP surges after Binance founder mentions SafePal investment

The price of SafePal (SFP) surged after Binance founder Changpeng Zhao mentioned an investment in the non-custodial cryptocurrency wallet. On X, Zhao stated that SafePal is a portfolio project and that the investment was made in its early stages, shortly after the company invested in Trust Wallet. SafePal had previously announced that it natively supports perpetual futures trading from the decentralized exchange Aster (ASTER). According to CoinMarketCap, SFP is currently trading at $0.5711, up 29%.