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Binance, the world’s largest cryptocurrency exchange, has invested in four new projects through its startup support program called Binance Labs.

The projects focus on strengthening the Web3 sector and accelerating their growth. The selected projects include AltLayer, KiloEx, Kinza, and Sleepless AI, which are prominent performers in the DeFi and Web3 sector.

Binance Labs aims to support early-stage founders and innovative long-term projects. They encourage entrepreneurs to apply for the next season of their accelerator program before August 15, 2023.

Yi He, Binance Co-Founder and President of Binance Labs, expressed their vision of supporting early-stage founders focused on innovative long-term projects.

The MVB Program identified four high-performance projects from different sectors and invested in them.

They anticipate witnessing the ongoing growth of these projects and their positive impact on the broader Web3 ecosystem.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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