Binance Labs, the venture capital and incubation arm of Binance, announced an investment in Astherus, a decentralized finance platform aimed at maximizing real yield for digital assets.
Investment in Astherus
Binance Labs announced the investment in the multi-asset liquidity hub Astherus on November 28. The capital will enable Astherus to accelerate product development, introduce new yield-generating products, and enhance user experience.
Growth and Development Strategies
The investment will allow the platform to expand its yield strategies and simplify DeFi interactions, providing users with access to sustainable profit opportunities. Astherus offers multi-chain yield strategies, combining institutional-grade security and high yields for DeFi users.
The Future of DeFi and Binance Labs Support
The Astherus team plans to grow its DeFi ecosystem with additional projects, including a dedicated layer-1 blockchain, AstherusLayer, which supports multi-asset staking and uses BNB as gas fees. Founded in 2018, Binance Labs has invested in over 250 projects, including Injective, Sui, Celestia, and others.
Binance Labs' investment in Astherus underscores the importance of supporting innovative projects in DeFi that create new opportunities for real yield of digital assets and the growth of the global ecosystem.
