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Bitcoin price is heading towards a new daily low, targeting below $65,500. However, life goes on. Investments in new listings and projects continue in line with medium and long-term goals. Binance just announced the latest of these.
Binance Latest News
Binance Labs, the investment arm of the exchange, announced its investment in aPriori, an MEV-backed liquid staking solution on the Monad network, as part of Binance Labs Incubation Season 6. This project aims to create a liquid staking platform on the Monad network. We have seen how rapidly liquid staking platforms have grown on the Solana and Ethereum networks, benefiting the blockchain.
Binance Co-Founder and Binance Labs President Yi He stated;
“Binance Labs is proud to support aPriori’s vision of pioneering MEV-backed liquid staking solutions. We always follow early-stage projects with potential, and this investment demonstrates our commitment to supporting pioneering projects driving the next wave of blockchain innovation. We look forward to seeing what aPriori achieves.”
The current Binance Labs Incubation Program’s sixth season has ended, and applications for investments in the new season are ongoing.
