Binance Labs invests in this cross-chain DEX. Will the project's token be listed on Binance soon?
Binance Labs has just announced an investment in Rango (June 19, 2024) - a decentralized exchange (DEX) and bridge aggregator. Besides Binance Labs, two other investment funds, Nomad Capital & Foresight Ventures, also participated in Rango's capital call round.
Rango supports 60+ chains, 70+ DEXs and 20+ bridges, with a total transaction volume exceeding 3 billion USD. As of June 19, Rango has processed more than 2.5 million swap transactions for 590,000 wallet addresses.
Meanwhile, Binance Labs owns an investment portfolio worth more than $10 billion. Binance Labs' portfolio includes 250 projects from over 25 countries across 6 continents and has a return on investment (ROI) of over 14x.
With support from Binance Labs, Rango will expand and promote multi-chain operations. Furthermore, thanks to the relationship with Binance Labs, Rango is a project with the potential to be listed on the Binance exchange in the future.
