Binance Labs


Finance

Binance Labs Raises $500M Fund for Web 3, Blockchain Investments

The new fund will invest in cryptocurrency companies in three stages spanning from incubation to late-stage growth.

Binance Labs recauda $500M para invertir en Web 3 y blockchain. (Giorgio Trovato/Unplash)

Finance

Binance Invests $12M in Liquidity Platform WOO Network

WOO had raised $30 million in November.

Binance. (Shutterstock)

Finance

Anyswap Rebrands to Multichain, Raises $60M Led by Binance Labs

The cross-chain bridge builder will use the funds to research crypto algorithms.

Multichain is building bridges for shuttling crypto across networks. (Modestas Urbonas/Unsplash)

Finance

Binance Labs Invests $8M in Hackathon Organizer DoraHacks

As part of the funding, DoraHacks will co-host the latest round of Binance Labs’ startup incubator.

ROME, ITALY - OCTOBER 21: Details on the SS Lazio jersey showing the new sponsor Binance during the UEFA Europa League group E match between SS Lazio and Olympique Marseille at Olimpico Stadium on October 21, 2021 in Rome, Italy. (Photo by Jonathan Moscrop/Getty Images)

Tech

Interoperability Startup LayerZero Comes Out of Stealth With $6M in Funding

The Series A round led by Multicoin Capital and Binance Labs should help the team build better bridges.

(Sean Gallup/Getty Images)

Markets

Yele Bademosi Steps Down as CEO of Bundle Africa

Bademosi will be succeeded by Binance Africa director Emmanuel Babalola

CEO Yele Bademosi and Taiwo Orilogbon, head of engineering, discuss business at the Bundle offices.

Markets

PureStake Raises $6M From Binance Labs, Coinbase Ventures

PureStake's Moonbeam parachain launched its testnet in September as part of the Polkadot ecosystem.

PureStake is building the Moonbeam network for release later this year.

Finance

Binance Labs–Backed ‘DeFi Credit Union’ Bringing Higher Yields to Savers in Nigeria

With backing from Binance Labs, Nigeria's Xend Finance is looking to bring DeFi to the world of local credit unions.

Xend Finance founder and CEO Aronu Ugochukwu (center)

Finance

Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR

Binance Labs, the seed funding arm of the world’s largest crypto exchange, has made its first investment of 2020, backing privacy startup HOPR.

HOPR's founding team: Robert Kiel, Sebastian Bürgel and Rik Krieger.

Tech

Torus Launches to Bring One-Click Login to Web 3.0

Torus, a key-management startup offering one-click logins for the decentralized web, launched out of beta Thursday with a handful of big-name hosting partners.

Torus CEO Zhen Yu Yong. (Photo courtesy of Torus)

Pageof 4