The 10 altcoin projects that the cryptocurrency exchange Binance has invested in and which will be able to create tokens this year have been announced.
Binance, the world’s largest cryptocurrency exchange, has made significant investments in various projects.
These projects span categories such as BTC ecosystem, Gaming, Layer 1 (L1), Layer 2 (L2), DeFi and Liquidity Staking Derivatives (LSD).
Here’s a look at potential Token Generation Event (TGE) projects that Binance has invested in and may distribute tokens in the second half of 2024:
Babylon (BTC ecosystem): Binance Labs invested $96 million on February 27, 2024.
Xterio (Game): An investment of $55 million was made by Binance Labs on July 13, 2023.
Movement (L1): Binance Labs invested $41.4 million on May 1, 2024.
Tabi (L1): On May 10, 2023, Binance Labs invested $26.08 million in Tabi, another important project in the Tier 1 category.
Puffer Finance (LSD): Binance Labs invested $24.15 million in this project on January 30, 2024.
Solv (DeFi): An investment of $11 million was made by Binance Labs on January 27, 2022.
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Zest Protocol (BTC ecosystem): Binance Labs invested $3.5 million in the project on May 10, 2024.
Zircuit (L2): Investment amount unknown, but Binance Labs made an investment on June 11, 2024.
StakeStone (LSD): Binance Labs made an investment in the project on March 25, 2024. The investment amount is unknown.
Lorenzo Protocol (BTC ecosystem): Binance Labs invested an unknown amount on October 4, 2022.
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