Binance Labs Invests in Astherus to Boost Real Yield for DeFi Users

Binance Labs, the venture capital and incubation arm of Binance, has announced its investment in Astherus, a multi-asset liquidity hub designed to maximize the real yield of cryptocurrency assets.

With Binance Labs’ backing, Astherus aims to enhance DeFi accessibility through innovative yield products and streamlined user experiences.

Binance Labs Invests in Astherus: Is DeFi’s First Modular Layer-1 About to Change the Game?

The announcement revealed that Astherus aims to address key inefficiencies in the DeFi sector by focusing on sustainable and tangible asset returns.

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— Binance Labs Fund (@BinanceLabs) November 28, 2024

The platform enhances the utility and liquidity of digital assets, empowering DeFi users to achieve greater returns while optimizing asset performance across multiple blockchains and protocols.

The capital infusion will enable Astherus to accelerate its product development and introduce new yield-generating products.

At the heart of Astherus’ offering is AstherusEarn, its flagship platform that combines institutional-grade security with high-yielding strategies.

This platform bridges centralized and decentralized finance to provide users with reliable, scalable solutions for yield generation.

Astherus employs a modular DeFi infrastructure approach, including a dApp Layer for unlocking asset utility through applications like derivatives trading and stablecoin yield farming.

The DeFi Infrastructure Layer aggregates liquidity to support broader applications like stablecoin protocols and a cutting-edge derivatives clearinghouse.

In the future, Astherus plans to launch AstherusLayer, a dedicated Layer-1 blockchain for DeFi, which will support multi-asset staking and utilize BNB as gas fees.

Nicola W., Investment Director at Binance Labs, praised Astherus’ approach, stating,

“Astherus’ focus on enhancing asset utility and real yield aligns with Binance Labs’ mission to back projects that build meaningful technology. We’re excited to support Astherus in delivering greater value to DeFi users worldwide.”

AstherusLayer: Could Binance Labs’ Support Bring a New Era for DeFi Blockchains?

Since 2018, Binance Labs has invested in over 250 projects in 25+ countries, spanning DeFi, gaming, and artificial intelligence. Its portfolio includes notable names like Injective, Sui, Celestia, and OpenEden.

Just earlier this month, on November 8, Binance Labs invested in BIO Protocol, entering the decentralized science (DeSci) space.

This accelerator supports Biotech DAOs (BioDAOs) that fund and co-own drug and therapeutic developments, focusing on rare diseases and longevity research.

Although the investment amount was undisclosed, Binance Labs aims to expand the BIO Protocol network by providing seed funding and tokenomics support for new initiatives.

Similarly, On September 13, Binance Labs also invested in OpenEden, a platform tokenizing real-world assets (RWAs) in the DeFi sector.

OpenEden combines a licensed fund management company with tokenization technology, offering products like tokenized U.S. Treasury Bills.

The funding will help OpenEden expand into emerging markets and launch RWA-backed products to bridge traditional finance with DeFi.

Binance Labs, among other key venture firms, is continually investing in projects that have been integral to Web3’s progress.