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COINTURK NEWS > Binance > Binance Labs Invests in aPriori for MEV-Backed Liquid Staking Solution
Binance

Binance Labs Invests in aPriori for MEV-Backed Liquid Staking Solution

In Brief

  • Bitcoin price targets below $65,500.

  • Binance Labs invests in aPriori for liquid staking on Monad network.

  • Applications for the new season of Binance Labs Incubation Program are ongoing.

COINTURK NEWS
COINTURK NEWS 12 months ago
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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.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 30 July, 2024 - 6:27 pm 30 July, 2024 - 6:27 pm
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