Rango Secures Binance Labs Investment: A New Era for Cross-Chain Swaps
@Binance Labs , the venture capital and incubation platform, has a storied history of identifying, investing in, and empowering blockchain entrepreneurs, startups, and communities. They're committed to backing fast-executing, technical teams that positively impact the crypto space & contribute to the development of a decentralized web. The top 3 launches of Binance Labs so far are:
- @Polygon $MATIC
- @Injective $INJ
- #AxieInfinity $AXS
Moving forward, Binance Labs announced their investment in #RangoExchange . Rango is a cutting-edge routing and aggregation protocol designed to facilitate seamless cross-chain and on-chain swaps. It aggregates liquidity from various decentralized exchanges (DEXs) and bridges within the crypto ecosystem, enabling efficient, safe, and cost-effective token swaps across multiple chains.
For Binance Labs, Rango represents a strategic investment in cross-chain interoperability, aligning with their goal of supporting projects that bolster cross-chain development and innovation. As #DeFi grows, Rango's ability to facilitate easy transacting across multiple chains positions it as a key player in driving the next billion users to the space.
How to Access and Use Rango:
Rango's intuitive interface ensures users of all experience levels can navigate and utilize the platform effectively by visiting https://app.rango.exchange/ then:
1. Connect your wallet
2. Select the source and destination chains and tokens
3. Choose your preferred swap route
5. Click "Swap" to execute transaction
By leveraging Rangoâs robust cross-chain functionality, #BinanceLabs continues to support and propel innovative projects that enhance the DeFi landscape, further solidifying its position as a leader in blockchain investment and incubation.
Ref:
1. https://chainbroker.io/funds/binance-labs/
2. https://coinmarketcap.com/
3. https://app.rango.exchange/
4. https://labs.binance.com/
