Binance Announced Its Year-End Report Card: Here’s How It Invested in Altcoins

Binance Labs, the investment arm of Binance, the world’s largest cryptocurrency exchange, announced its 2023 report.

According to the statement made by Binance Labs, the company has been active in the Web3 field throughout the year. Investment in more than 25 projects made.

Among the projects invested in, in the field of infrastructure Neutron, AltLayer, DeFi in the field Radiant Capital, Curve DAO Token, Helio Protocolin the field of Web3 gaming Xterio, GOMBLE, Sleepless AIIn the field of instrumentation Delphinus Labs And Arkham Token came to the fore.

It has the largest investment among the projects whose investment amount has been announced. $15 million acquired Xterio, a gaming platform.

According to the statement of Binance Labs, the number of projects in the company’s portfolio since 2018 It reached 250. Binance Labs, It provides a 14-fold return on these investments. he stated.

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