According to Foresight News, Binance Labs invested in the decentralized multi-chain trading platform UXUY to support the development of the Bitcoin Lightning Network ecosystem. UXUY is an incubation project of Binance Labs S6. Currently, UXUY has reached a cooperation with Binance Web3 Wallet to jointly promote the development of inscriptions and decentralized indexers.
Previously, UXUY completed a US$3.2 million seed round of financing in April 2023, with Bixin Ventures and other institutions participating in the investment.
