Binance Labs, the investment arm of the crypto exchange Binance, announced that it has invested in Pendle Finance (PENDLE).
It was noteworthy that Pendle Finance was one of the projects highlighted by Binance on July 14. In a similar tweet, it is seen that the company has invested in projects since the date of the tweet.
Of the projects featured in the tweet, Radiant Capital received investment on July 20, Altlayer on August 9, Helio Protocol on August 11, and Pendle Finance received investment by Binance today.
Projects mentioned in the tweet, which were not mentioned on the official Binance blog but were posted, include THENA, NFPrompt, QnA3.AI, CyberConnect, and Polyhedra Network.
https://twitter.com/BNBCHAIN/status/167978292361077553
Binance Labs functions as the venture capital and incubation arm of Binance. Binance Labs invests in and supports early-stage blockchain projects that have the potential to contribute to the decentralized web or the Web, according to the information on its website.
The platform also offers a variety of programs and initiatives for Web3 entrepreneurs and projects, such as an incubation program, a fellowship program, and access to the company's resources and network.
*Not investment advice.
