Binance Labs

Binance Labs

Markets

Yele Bademosi Steps Down as CEO of Bundle Africa

Bademosi will be succeeded by Binance Africa director Emmanuel Babalola

CEO Yele Bademosi and Taiwo Orilogbon, head of engineering, discuss business at the Bundle offices.

Markets

PureStake Raises $6M From Binance Labs, Coinbase Ventures

PureStake's Moonbeam parachain launched its testnet in September as part of the Polkadot ecosystem.

PureStake is building the Moonbeam network for release later this year.

Finance

Binance Labs–Backed ‘DeFi Credit Union’ Bringing Higher Yields to Savers in Nigeria

With backing from Binance Labs, Nigeria's Xend Finance is looking to bring DeFi to the world of local credit unions.

Xend Finance founder and CEO Aronu Ugochukwu (center)

Finance

Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR

Binance Labs, the seed funding arm of the world’s largest crypto exchange, has made its first investment of 2020, backing privacy startup HOPR.

HOPR's founding team: Robert Kiel, Sebastian Bürgel and Rik Krieger.

Tech

Torus Launches to Bring One-Click Login to Web 3.0

Torus, a key-management startup offering one-click logins for the decentralized web, launched out of beta Thursday with a handful of big-name hosting partners.

Torus CEO Zhen Yu Yong. (Photo courtesy of Torus)

Markets

Binance Labs Leads $5.7 Million Series A for Blockchain Maker Dapix

Binance Labs has led a $5.7 million round for Dapix , a startup that wants to simplify crypto wallet addresses across the industry.

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Markets

Salesforce Alternative Cere Raises $3.5 Million From Binance Labs, Others

A Binance Labs incubation project, Cere, plans on integrating with Binance's decentralized ecosystem, Binance Chain

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Markets

Binance Labs–Backed Startup Boosting Blockchain Speeds Raises $3 Million

Marlin Protocol, which offers relayer networks to make blockchains faster, has raised $3 million from Binance Labs, Arrington XRP Capital and others.

marlin protocol

Markets

Multicoin, Binance, Coinbase Invest in Startup Keeping Private Keys Secure

Private key management startup Torus has raised $2 million from some heavy hitters, including Coinbase Ventures, Binance Labs and Multicoin Capital.

Torus CEO Zhen Yu Yong. (Photo courtesy of Torus)

Finance

Nym Technologies Raises $2.5 Million to Anonymize Crypto Apps

This startup is betting tokens can help incentivize privacy infrastructure across the internet.

Nym Technologies