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Binance Labs has made a strategic investment in Infrared, a liquid staking protocol within the Berachain ecosystem. This marks Binance Labs' first investment in Berachain. Infrared is focused on providing users with access to Proof of Liquidity (PoL) in one click and is creating liquid staking tokens - iBGT and iBERA - for Berachain's governance token BGT. These investments aim to bolster growth in the decentralized finance (DeFi) space.
🚨JUST IN: @INFRAREDFINANCE SECURES INVESTMENT FROM @BINANCELABS - AMOUNT NOT DISCLOSED
We’ve invested in @InfraredFinance Infrared is a protocol focused on giving users access to Proof of Liquidity (PoL) in one click. Read more👇 https://t.co/EUTdM87TUA
According to TheBlock, Berachain's liquid staking protocol Infrared has received an investment from Binance Labs. This is Binance Labs' first investment in the Berachain ecosystem. Infrared is creating liquid staking tokens - iBGT and iBERA - for Berachain's governance token BGT…
