Binance Labs Invests $5M in CRV, Supports Curve Deployment to BNB Chain!

The post Binance Labs Invests $5M in CRV, Supports Curve Deployment to BNB Chain! appeared first on Coinpedia Fintech News

Binance Labs, the venture arm of top cryptocurrency exchange Binance, has invested $5 million in Curve DAO Token (CRV), a token supporting the Curve ecosystem. The investment is expected to help fuel the expansion and adoption of the Curve protocol and associated technologies. As part of the partnership, Curve will also explore deployment to the Binance Chain (BNB), a move that is expected to facilitate more streamlined and secure transactions. Overall, the investment highlights Binance’s continued support for innovations in blockchain technology and its commitment to advancing the growth of the digital asset ecosystem.