Binance Makes the Expected Announcement: Investing in Four More Projects
Binance, the world's largest cryptocurrency exchange, announced the new projects it invested in as part of the Most Valuable Builder (MVB) program.
More than 700 applications were made to the MVB program, established in partnership with BNB Chain and Binance's $10 billion investment arm Binance Labs. However, only less than 2 percent of them were accepted to the program.
In the seventh season of the MVB Program, 13 teams that developed innovative projects in the Web3 field were selected. Four of them received investment from Binance Labs.
Focus on different categories
According to the statement made by BNB Chain, investments were made in the Aggregata, Opinion Labs, SideKick and Vooi projects during this process.
Aggregata stands out as a platform that seamlessly combines artificial intelligence data, models and calculations. Opinion Labs creates continuous prediction markets.
SideKick focuses on gaming, while Vool operates as a cross-blockchain DEX aggregator that supports EVM and non-EVM blockchains.
“These investments underscore Binance Labs’ commitment to supporting high-potential projects that make meaningful contributions to the Web3 ecosystem,” Binance said.
Binance Labs has incubated 50 of the 250+ projects in its portfolio to date.
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