• Binance Labs has invested an undisclosed amount in Telegram app Blum.
The investment took place during BNB Chain’s Most Valuable Builder Season 7 in late August. The company said it had to “settle some legal and administrative issues” before the announcement, which delayed the disclosure.
The program attracted over 700 applications during Season 7, of which less than 2% were accepted. Other winners included Aggregata, Opinion Labs, SideKick, and Vooi.
