Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Binance Labs, the venture capital arm of Binance, has made a strategic investment in Particle Network, a modular Layer 1 blockchain. Particle Network aims to address liquidity and user fragmentation in the multi-chain world by providing Chain Abstraction infrastructure. The investment seeks to reduce fragmentation and improve user experience in Web3 by unifying user accounts and liquidity across various chains. The amount of the investment was disclosed to be $25 million.
Particle Network $PARTI received an investment from Binance Labs Particle is a modular Layer 1 that provides Chain Abstraction infrastructure to address liquidity and user fragmentation in a multi-chain world. #Crypto #BNB https://t.co/Q6pYkVbOSA
FOLLOW-UP ARTICLE: Binance Labs backs Particle Network with a $25M investment! Particle Network’s innovative modular blockchain aims to unify Web3 with Universal Accounts and cross-chain solutions. Learn more about the protocol here: https://t.co/rPOgXN6d00 https://t.co/aEsSh1Apy8
[BINANCE] #Binance Labs Invests in Particle Network to Address User and Liquidity Fragmentation in Web3