🚀Attention BTC enthusiasts! Despite a tough market and declining trust in centralized crypto entities, Binance Labs is thriving with 25 new investments in 2023! 🌟
Focusing on decentralized finance (DeFi), Web3 gaming, tooling, and infrastructure, Binance Labs made significant moves. In DeFi, it invested in lending and borrowing protocol Radiant Capital and supported Curve DAO Token (CRV) with $5 million for BNB Chain integration. 🌐
Moreover, Binance Labs poured $10 million into Helio Protocol, a decentralized stablecoin lending and borrowing protocol on the BNB Chain. 📈
In Web3 gaming, Binance Labs invested $15 million in platform and publisher Xterioled, and provided seed funding for South Korean blockchain-based casual game developer GOMBLE. 🎮
For tooling, Binance Labs backed Arkham Token (ARKM) to support "on-chain insights at scale across the blockchain ecosystem." 🔧
Despite Binance's regulatory setbacks and a $4.3 billion fine, Binance Labs remains optimistic about the future of BTC and the crypto market! 🎉