Imagine a high-altitude airplane traversing the globe, carrying millions of passengers to various destinations. The engine, tirelessly running 24/7, serves as the beating heart of the airplane.
The heart of Binance's encompassing crypto ecosystem is its trading matching engine, which provides cryptocurrency services to more than 150 million users, executes 1.4 million orders per second, and has matched daily transaction volume at the hundred-billion dollar level during peak market periods. Upon opening the Binance app, you will find more than 20 diverse features apart from trading services, including payment, content, and earn, etc, making it a truly Super Application.
Binance Labs, the venture capital and incubation arm of Binance, has invested in Initia, a network designed for highly interwoven modular rollups. The platform enables developers to build scalable and sovereign systems while abstracting away the fragmentation and complexities encountered with traditional modular and multi-chain systems. This investment emphasizes Binance Labs' commitment to supporting innovative infrastructure that will allow more Web2 developers to engage in the Web3 space.