The world’s largest cryptocurrency exchange Binanceis much talked about with its altcoin investments.
At this point, Binance’s venture capital arm Binance Labs is invested in many altcoin projects.
Both of these altcoins HOPR and Stepn (GMT) had happened. However, it appears that Binance Labs has started selling these two altcoins.
For In its post, Lookonchain said that Binance Labs (labeled Nansen) deposited 96.67 million HOPR worth $3.7 million to the Gateio exchange 9 hours ago and 7.5 million GMT worth $1.05 million to Binance.
Lookonchain also added that Binance Labs led a $1 million strategic investment round in HOPR and has also invested in GMT.
“Binance Labs (labeled Nansen) deposited 96.67 million HOPR worth $3.7 million on Gateio exchange and 7.5 million GMT worth $1.05 million on Binance 9 hours ago.
Binance Labs is investing in GMT while leading a $1 million strategic investment round in HOPR.”
Binance Labs leads strategic $1M investment round in #HOPR.https://t.co/qEJM7PQz2N
And Binance Labs makes strategic investment in #STEPN.https://t.co/V2PWbTOeFj
— Lookonchain (@lookonchain) October 20, 2023
*This is not investment advice.
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