CandleFocus Binance Labs Boosts Web3 Startups with New Funds
2024-09-11
Author: Content Editor
Binance Labs, the venture capital division of Binance, has invested in Blum, a Telegram-based mini trading application focused on leveraged memecoin and new token trading. This investment is part of Binance Labs' participation in the BNB Chain's Most Valuable Builder (MVB) Program, which aims to support and accelerate the development of Web3 projects. Blum is designed for leveraged trading of memecoins and emerging cryptocurrencies, utilizing Telegram's user base. Binance Labs has also invested in four other projects during the 7th season of the MVB Program: Aggregata, Opinion Labs, SideKick, and Vooi. These investments demonstrate Binance Labs' commitment to nurturing the Web3 ecosystem and promoting blockchain technology.
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