Sui Developer Mysten Labs Raises $300 Million to Address Web3 Scalability

mysten labsMysten 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 […]

Go to Source

Powered by WPeMatico

Binance Labs Launches $500 Million Web3, Blockchain Fund

BinanceBinance 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 […]

Go to Source

Powered by WPeMatico

Binance Investment Director Ken Li Talks About Investing in Web3, Gaming and More Exciting Trends

Binance Investment Director Ken Li Talks About Investing in Web3, Gaming and More Exciting TrendsBinance 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 […]

Go to Source

Powered by WPeMatico

In the Daily: Tokenized ETFs, Chainalysis, Binance Labs in Argentina

In the Daily: Tokenized ETFs, Chainalysis, Binance Labs in ArgentinaIn this edition of The Daily we cover an exchange that offers cryptocurrency investors access to tokenized ETFs based on major indices, a response from Chainalysis to the recent outcry against blockchain surveillance services abusing customer data, and a program to support startups by Binance Labs in Argentina. Also Read: Israel Securities Authority Wants a […]

The post In the Daily: Tokenized ETFs, Chainalysis, Binance Labs in Argentina appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Daily: Crypto Funds Team up With New Startup Hub, FX Broker Adds BCH/BTC

The Daily: Crypto Funds Team up With New Startup Hub, FX Broker Adds BCH/BTCIn today’s edition of The Daily, we look at a group of major cryptocurrency venture funds teaming up with a new startup hub, some good news for Israeli investors, a new platform launched in open beta and an FX broker that is adding bitcoin cash (BCH)/bitcoin core (BTC) to its platform, as well as 15 […]

The post The Daily: Crypto Funds Team up With New Startup Hub, FX Broker Adds BCH/BTC appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

PR: Contentos Announces Investment From Binance Labs

Contentos Announces Investment From Binance LabsDecentralized global content ecosystem, Contentos, has been catching the attention of major industry players, receiving a multi-million dollar investment from Binance Labs.

Shanghai, China – Contentos, a decentralized global content ecosystem, announces today a multi-million dollar investment from Binance Labs. Launched by Binance, the world’s largest cryptocurrency exchange by trading volume, Binance Labs is an incubator and social impact fund that invests in top projects that are using blockchain technology to transform diverse industries.

The post PR: Contentos Announces Investment From Binance Labs appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Binance Recognizes Africa as a Prime Target for a Blockchain Revolution

Binance is looking at Africa as the next frontier of growth, an executive at the world’s largest crypto exchange by daily trading volume has revealed. Benjamin Rameau, the Director of Binance Labs revealed the company’s reasons behind setting out to conquer Africa, with the relative underdevelopment in the continent and the great diversity being among […]

Go to Source

Powered by WPeMatico

Binance Wants to Invest in Africa, Reaches Out to African Projects

Binance Wants to Invest in Africa, Reaches Out to African ProjectsAfrica is a market of over 1.2 billion consumers, with fast growing developing economies and hundreds of millions of unbanked people. As such, the continent offers plenty of opportunities for new crypto ventures and Binance is eager to tap this market. Also Read: The Daily: Bittrex Invests in New Platform, ATM Market to Grow Over […]

The post Binance Wants to Invest in Africa, Reaches Out to African Projects appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Binance Labs Announces Partnership With Libra Credit

Binance Labs Announces Partnership With Libra CreditBinance Labs, the investment wing of the leading cryptocurrency exchange, Binance, has announced that it has invested in Libra Credit – “a decentralized digital asset financial services platform.” The partnership will allow holders of Binance’s native token, Binance Coin (BNB), to use their BNB as collateral for loans in crypto of fiat currency. Also Read: Pantera […]

The post Binance Labs Announces Partnership With Libra Credit appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico