Tag: web3
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Binance Labs Invests $4 Million In Ultimate Champions To Support Innovation In Web3 Gaming
On November 15th, Binance Labs announces a strategic investment of $4 million in Ultimate Champions, a virtual sports platform deployed on BNB Chain. Ultimate Champions offers an in-game wallet to make the integration easier and supports fiat payments for its NFT packages and tokens. Players can collect, trade and own officially licensed player cards in the […]
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Binance Labs Invests in Ankr Protocol
Ankr is a decentralized infrastructure and cross-chain staking DeFi platform that aims to make Web3 accessible for everyone. The protocol was launched in 2017 and currently runs on around 18 decentralized chains. This protocol has already supported BNB Chain, provided DeFi matching capabilities for BNB Liquid Staking, and built several core infrastructures, including the Erigon […]
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What is Binance Labs? Binance Labs Portfolio
What is Binance Labs? Binance Labs is Binance’s investment fund to support and develop blockchain and the crypto ecosystem. The mission of the fund is to identify, invest and empower entrepreneurs, startups and the blockchain community. This fund promotes a larger blockchain and provides financial leverage for potential projects in the cryptocurrency industry. It was established […]
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Binance Labs wants to boost adoption of cryptocurrencies, Web3 and blockchain
Binance Labs plans to allocate the latest $500 million fund to projects at various stages — incubation, early- and late-stage growth. Binance Labs, the investment arm of cryptocurrency exchange giant Binance, has launched a $500 million fund in partnership with global investors including DST Global Partners and Breyer Capital to drive innovation across the cryptocurrency market, […]
