⚡️ @BinanceLabs invests in Quine Co., the core contributor behind @Perena__
Binance Labs has invested in Perena, the first stablecoin infrastructure protocol on #Solana. The investment will help the team to expand and grow its global community. Perena enables users to mint stablecoins, gain exposure to tokenized #RWA yield, and access custom risk-reward profiles via a tranched collateralized debt position system. The project has recently launched Numéraire, the first weighted multi-token extensible stableswap that doesn’t require active concentrated liquidity market maker (CLMM) management, significantly lowering capital requirements for new stablecoin launches.
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