Binance Labs, the venture capital and incubation arm of Binance, has announced an investment in THENA, a decentralized exchange (DEX) and liquidity protocol built on BNB Chain. THENA aims to prioritize security, scalability, and user experience in order to enable mass adoption of decentralized finance (DeFi). The funds raised from Binance's investment will be used to accelerate the development and expansion of the THENA platform, enhance security measures, strengthen partnerships, and foster innovation in DeFi. Binance Labs expressed excitement about supporting THENA's goal of becoming a 'SuperApp' platform for engaging the masses on-chain. The price of THENA (THE) rose after the news of the investment.



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