Binance Labs, the venture capital arm of crypto behemoth Binance, was the most prolific venture investor over the last six months.
, was the most prolific venture investor over the last six months. In fact, Binance Labs was the lead investor in more than 80% of the deals executed in the aforementioned time period.Binance’s feat of being the lead investor in 14 out of 17 deals was nearly double that of the second-best DWF Labs.
Additionally, Binance Labs reinvested in established DeFi protocols like Radiant Capital, Maverick Protocol, and Pendle Finance. As per Messari, this was indicative of a shift in their strategy to help expand proven projects to the BNB Chain. Binance Labs has emerged as a white knight in the cryptocurrency sector. Earlier in the month, Binance Labs pledged
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