The post Binance’s Venture Capital Arm, Binance Labs, Announced the Latest Project It Invested in! appeared on BitcoinEthereumNews.com.

Binance Labs has invested in Rango, a cross-chain decentralized exchange (DEX) and bridge aggregator. Binance Labs Invested in Rango Binance Labs, the venture capital and incubation arm of Binance, has made a strategic investment in cross-chain decentralized exchange (DEX) and bridge aggregator Rango. Rango’s interoperability supports the growth of DeFi by enabling seamless transactions between different blockchain ecosystems. This investment aims to improve Rango’s capabilities for easy transactions across multiple blockchain ecosystems and fuel the growth of decentralized finance (DeFi). Rango’s broad interoperability supports major blockchains including Bitcoin (BTC), Solana, Tron, Cosmos Ecosystem, Starknet, and others. This makes Rango a leading solution for multi-chain wallets looking for reliable cross-chain functionality. The platform is already integrated with leading wallets and decentralized applications (Dapps) such as TrustWallet, Exodus, Binance Web3 Wallet and Compound, and plans to incorporate more trending blockchains to stay at the forefront of cross-chain trading innovation. What is Rango? Rango Exchange is a cross-chain DEX and bridge aggregator that connects users to the best trading rates across multiple protocols and blockchains. Rango brings together liquidity from various sources, ensuring optimal prices for trades, reducing slippage and improving efficiency. The platform supports a wide range of tokens and provides a unified API and user-friendly interface for a seamless trading experience. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/binances-venture-capital-arm-binance-labs-announced-the-latest-project-it-invested-in/

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Filed under: News - @ June 20, 2024 12:08 am