Binance Labs, the venture capital arm of the world’s leading cryptocurrency exchange Binance, has recently announced its independence from its parent company. The move grabs significant attention in the crypto industry. Under the leadership of CEO Richard Teng, who assumed the role following founder CZ’s legal challenges in the US,
The venture capital of Binance named Binance Labs has now announced its investment in Radiant Capital (RDNT) on Thursday. It is expected that the investment to bring forth the DeFi ecosystems by focussing on bridging fragmented liquidity. We're excited to announce our investment in @RDNTCapital Radiant aims to bridge fragmented
Binance Labs, the venture capital and incubation arm of cryptocurrency exchange Binance, has recently announced its investment in the projects that performed the best in Season 5 of its renowned Incubation Program. Out of more than 900 project applications received, only a select few, representing less than 2% of the
SPACE is a pioneering platform that focuses on the intersection of gaming, virtual reality, and commerce. It follows the concept of social commerce in the metaverse, which has now acquired strategic investment from Binance Labs. This collaboration brings up a plan of initiating offline commerce into the metaverse. Moreover, this
Amid the crackdown of the crypto market, some altcoins are outperforming the mainstream cryptocurrencies. Despite the fact that the global adoption of crypto tokens is widely increasing in rate, the trading charts are displaying a depressing pattern. Significantly, this year has been a downtrend and still yet to follow a
Binance Labs recently led a $60M financing round for Multichain. Multichain is one of the biggest routers on the Binance Smart Chain. The fund raised will utilized in the growth of the team and ecosystem. The Venture Capital and incubation arm of Binance, Binance labs, recently led a $60M financing
