Binance, the world's largest cryptocurrency exchange, announced four new projects in which it invested.
Binance Labs, the industry-leading and off-chain startup support program of Binance, is investing in new projects to strengthen promising Web3 projects and accelerate their growth.
In this context, Binance Labs has announced four new projects it has invested in in the sixth season of its “Most Valuable Founder (MVB)” program, an accelerator program focused on growing the independent startup Binance Labs BNB Chain ecosystem.
Binance Labs has invested in AltLayer, KiloEx, Kinza and Sleepless AI, which are the best performing projects from the DeFi and Web3 sector of the selected projects.
The investment demonstrates Binance Labs' commitment to developing and supporting high-potential projects, the statement said.
Yi He, Binance Co-Founder and President of Binance Labs, said:
“At Binance Labs, our vision is to support early-stage founders who are committed to building innovative long-term projects.
MVB Program identified four high-performance projects for investment in various sectors and we invested in these projects.
We look forward to seeing the continued growth of these projects and their positive contribution to the broader Web3 ecosystem.”
Finally, Binnace Labs stated that the next season of the MVB Program is approaching, “Apply before August 15, 2023!” said.
*Not investment advice.