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Binances VC Arm Leads in Funding Rounds Last Week

Last updated on August 8, 2023

Binance Labs, the venture arm of cryptocurrency exchange Binance, has recently unveiled its investments in four promising incubator projects. The projects, yet to be disclosed, are expected to receive financial support and mentorship from Binance Labs to help them grow and succeed in the competitive crypto industry.

In addition, Binance Labs also participated in a funding round for zkPass, a privacy infrastructure startup. zkPass specializes in creating secure and private transactions on blockchain networks, ensuring the confidentiality of user information. By investing in zkPass, Binance Labs aims to foster the development of advanced privacy solutions within the cryptocurrency ecosystem.

Binance Labs has been at the forefront of supporting innovative blockchain projects since its inception. By providing financial backing and mentorship, Binance Labs contributes to the growth and development of the overall crypto industry.

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