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Which cryptocurrency projects are backed by Binance's venture capital arm?

avatarMade of milkNov 28, 2021 · 3 years ago1 answers

Can you provide a list of cryptocurrency projects that have received backing from Binance's venture capital arm? I'm interested in knowing which projects Binance has invested in and how these investments have impacted the cryptocurrency market.

Which cryptocurrency projects are backed by Binance's venture capital arm?
Cryptocurrency
Binance
Venture Capital

1 answers

  • avatarNov 28, 2021 · 3 years ago
    Binance's venture capital arm, Binance Labs, has been actively investing in cryptocurrency projects. Some of the projects that have received backing from Binance Labs include: 1. Elrond: Binance Labs supported Elrond, a high-throughput blockchain platform that aims to provide fast and secure transactions. 2. Perlin: Binance Labs invested in Perlin, a decentralized cloud computing platform. 3. BYDFi: Binance Labs also backed BYDFi, a decentralized finance platform that offers yield farming and staking services. These investments demonstrate Binance's commitment to supporting innovative projects and driving the growth of the cryptocurrency ecosystem.

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