{"id":6993,"date":"2022-08-12T12:04:47","date_gmt":"2022-08-12T05:04:47","guid":{"rendered":"https:\/\/wikibinance.com\/?p=6955"},"modified":"2022-08-24T11:32:44","modified_gmt":"2022-08-24T04:32:44","slug":"binance-labs-invests-in-ankr","status":"publish","type":"post","link":"https:\/\/wikibinance.com\/en\/news\/binance-labs-invests-in-ankr.html","title":{"rendered":"Binance Labs Invests in Ankr Protocol"},"content":{"rendered":"<p>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.<\/p>\n<p>This protocol has already supported <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/bsc-binance-chain-bnb-chain.html\">BNB Chain<\/a>, provided DeFi matching capabilities for BNB Liquid Staking, and built several core infrastructures, including the Erigon upgrade.<\/p>\n<h2><strong>Ankr has received a strategic investment from Binance Labs<\/strong><\/h2>\n<p>According to a press release, the Ankr protocol has received a strategic investment from <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/binance-labs.html\">Binance Labs<\/a>, the venture capital arm and innovation incubator of\u00a0<a href=\"http:\/\/ecoinomic.io\/en\/knowledge\/guide\/sign-up-for-binance-the-simplest-user-guide-for-newbies.html\" target=\"_blank\" rel=\"nofollow noopener\">Binance<\/a>. Binance Labs has confirmed this investment, however the specifics of the total investment amount have not yet been disclosed.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Welcome <a href=\"https:\/\/twitter.com\/ankr?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@ankr<\/a> to the <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#Binance<\/a> Labs Family! <\/p>\n<p>ICYMI \u2014 Ankr is a decentralized infrastructure and cross-chain staking DeFi platform that aims to make Web3 accessible for everyone.<a href=\"https:\/\/t.co\/hvtYv43xGJ\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/hvtYv43xGJ<\/a><\/p>\n<p>&mdash; Binance Labs Fund (@BinanceLabs) <a href=\"https:\/\/twitter.com\/BinanceLabs\/status\/1557738028545626112?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">August 11, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The proceeds from the project will be used to upgrade the RPC service while also building the Web3 development suite, including Liquid Staking DK, Web3 Gaming SDK, and the application chain as a service. According to the release, the protocol is receiving more than seven billion blockchain access requests per day across 18 different blockchains for which the protocol stores RPC. Ryan Fang, the Chief Operating Office at Ankr, said:<\/p>\n<blockquote><p>&#8220;We are very excited to count Binance Labs as a strategic investor. BNB Chain is by far the chain with the highest number of daily transactions and active users. We are commited to support BNB Chain further scale, enhance BNB token utility by enabling DeFi composability using BNB Liquid Staking, and expand Binance Application Sidechain (BAS) ecosystem to enable innovative use cases requiring a highly scalable infrastructure, and other innovative infrastrcture services opening the gates to permissioned sidechains.&#8221;<\/p><\/blockquote>\n<h2><strong>Binance Labs Raises $500 Million from Web3 Fund<\/strong><\/h2>\n<p><a href=\"https:\/\/ecoinomic.io\/en\/knowledge\/guide\/binance-sign-up-simple-guide.html\" target=\"_blank\" rel=\"noopener\">Binance<\/a> has also benefited from Ankr&#8217;s growth. The protocol implemented open source allocation for the BNB chain and helped build BNB liquid staking. Furthermore, upgrades of Erigon and Archive Node have aided in strengthening the BNB ecosystem. The investment in Ankr aims to support the protocol&#8217;s RPC management service, a solution that scales<a href=\"https:\/\/ecoinomic.io\/en\/knowledge\/what-is-a-node-how-nodes-in-blockchain-work.html\" target=\"_blank\" rel=\"noopener\"> nodes<\/a> globally to provide efficient algorithmic power.<\/p>\n<figure style=\"width: 798px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-6988\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/binance-labs-huy-dong-von-500-trieu-do-la-tu-quy-web3-2.png\" alt=\"Binance Labs Raises $500 Million from Web3 Fund\" width=\"798\" height=\"449\" srcset=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/binance-labs-huy-dong-von-500-trieu-do-la-tu-quy-web3-2.png 1600w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/binance-labs-huy-dong-von-500-trieu-do-la-tu-quy-web3-2-300x169.png 300w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/binance-labs-huy-dong-von-500-trieu-do-la-tu-quy-web3-2-1024x576.png 1024w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/binance-labs-huy-dong-von-500-trieu-do-la-tu-quy-web3-2-768x432.png 768w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/binance-labs-huy-dong-von-500-trieu-do-la-tu-quy-web3-2-1536x864.png 1536w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/binance-labs-huy-dong-von-500-trieu-do-la-tu-quy-web3-2-750x422.png 750w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/binance-labs-huy-dong-von-500-trieu-do-la-tu-quy-web3-2-1140x641.png 1140w\" sizes=\"(max-width: 798px) 100vw, 798px\" \/><figcaption class=\"wp-caption-text\">Binance Labs raises $500 million from Web3 fund<\/figcaption><\/figure>\n<p>Binance Labs has launched a new board of directors, co-founder Yi He was appointed as the new director of Labs after the resignation of former head Bill Qian. Binance Labs has raised $500 million in investment funds to encourage innovation and drive growth throughout the Web3 and blockchain ecosystems. The world&#8217;s leading exchange has also announced a \u20ac100 million fund for French crypto startups.<\/p>\n<h2><strong>Ankr token staking is already active<\/strong><\/h2>\n<p>Binance&#8217;s investment in Ankr comes days after the protocol announced to allow token staking on the infrastructure. After the news of Binance Labs&#8217; strategic investment, the price of Ankr tokens increased by 41.73%.<\/p>\n<figure style=\"width: 872px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-6989\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/Gia-token-Ankr.png\" alt=\"Ankr Token Price\" width=\"872\" height=\"454\" srcset=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/Gia-token-Ankr.png 872w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/Gia-token-Ankr-300x156.png 300w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/Gia-token-Ankr-768x400.png 768w, https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/08\/Gia-token-Ankr-750x390.png 750w\" sizes=\"(max-width: 872px) 100vw, 872px\" \/><figcaption class=\"wp-caption-text\">Ankr token price<\/figcaption><\/figure>\n<p>Protocol holders have ability to stake their tokens to support nodes and earn rewards. CryptoPotato has reported on how rewards are distributed here. At the time, Greg Gompan, Chief Marketing Office at Ankr, said:<\/p>\n<blockquote><p>&#8220;Today marks a monumental achievement for Ankr. One where we have moved from a centralized infrastructure provider to a truly decentralized protocol solution, where token holders can contribute and earn across the network with us. This puts Ankr in a class of its own, as not only one of the best technology companies in the industry but one of the best pure plays for aligning with multichain growth across Web3.&#8221;<\/p><\/blockquote>\n\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-center kksr-valign-bottom\"\n    data-payload=\"{&quot;align&quot;:&quot;center&quot;,&quot;id&quot;:&quot;6993&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}\">\n    \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n    \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            <span class=\"kksr-muted\">Rate this post<\/span>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":6986,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[392],"tags":[2441,1602,1598,1844],"_links":{"self":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/6993"}],"collection":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/comments?post=6993"}],"version-history":[{"count":3,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/6993\/revisions"}],"predecessor-version":[{"id":6997,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/6993\/revisions\/6997"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media\/6986"}],"wp:attachment":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media?parent=6993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/categories?post=6993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/tags?post=6993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}