A decentralized finance (DeFi) altcoin is surging after the venture capital arm of the world’s biggest crypto exchange by volume invested millions of dollars into it. In a new company blog post, Binance says that Binance Labs has invested $10 million into Radiant Capital (RDNT), a cross-chain lending and borrowing crypto protocol built on top […]
The post DeFi Altcoin Jumps As Binance’s Venture Capital Arm Invests $10,000,000 in the Crypto Project appeared first on The Daily Hodl.
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Sui’s infrastructure […]
The world’s largest cryptocurrency exchange by trading volume is making strategic moves to bolster the venture capital side of its business. In a new announcement, Binance says that chief marketing officer Yi He will take over as the new head of Binance Labs to put an emphasis on fostering innovative growth for blockchain technology. Yi, […]
The post Binance CEO Revamps Its $7,500,000,000 VC Arm, Says Now Is the Best Time To Invest in Crypto appeared first on The Daily Hodl.
Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on Web3 and blockchain technologies. The fund, which will launch with $500 million in capital, will invest in companies that take cryptocurrencies and extend their use cases using Web3 and other […]
Binance Labs is a chain-agnostic investor and incubator focused on supporting the global blockchain ecosystem and decentralized web. Their portfolio includes 1inch, Audius, Axie Infinity, Chiliz, Elrond, Injective, Matic / Polygon, Sandbox and Terra. Ken Li is an Investment Director at Binance Labs, with a focus on equity & token investments in Web3 social, gaming […]