• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Labs' New Investment in Astherus Propels DeFi Development

user avatar

by Giorgi Kostiuk

a year ago

On November 28, Binance Labs announced its latest investment in Astherus, a multi-asset liquidity firm. This funding will focus on product development and improving the user experience.

Goals of Binance Labs Funding

Binance Labs aims to fund Astherus projects to increase opportunities for DeFi users. The funds will accelerate product development, introduce innovative revenue-generating products, and streamline DeFi interactions to become more efficient and user-friendly.

Upcoming Astherus Projects

Astherus already has platforms like AstherusEarn for stablecoin yield farming and supports additional applications. The investment is expected to help develop more products to optimize user gains. Plans also include launching AstherusLayer, an L1 blockchain using the $BNB token.

Astherus’ approach to enhancing asset utility and real yield aligns with Binance Labs’ commitment to backing projects building meaningful technology and driving ecosystem growth. We are excited to support Astherus in delivering greater value to DeFi users worldwide.Nicola W.

Previous Investments by Binance Labs

Since 2018, Binance Labs has invested in over 250 projects, including Moonwalk Fitness, Zerobase, and the Hemi network. Binance also funded the RWA platform OpenEden and projects on the TON blockchain, such as Pluto Vision Labs.

Binance Labs' investment in Astherus underscores its commitment to supporting innovative DeFi projects and enhancing their potential to increase value and improve user experiences.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Toobit and LALIGA Forge New Partnership to Enhance Digital Asset Engagement in MENA

chest

Toobit and LALIGA have announced a strategic partnership to enhance digital asset engagement in the MENA region, merging elite football with modern trading platforms.

user avatarSon Min-ho

LiquidChain Introduces Unified Execution Layer for Digital Assets

chest

LiquidChain aims to unify fragmented liquidity in the digital asset market by providing a Layer 3 SuperHub for seamless cross-chain transactions.

user avatarAyman Ben Youssef

Payward Inc Reports Record Revenue Amid Shift in Digital Asset Landscape

chest

Payward Inc, the parent company of Kraken, reported a record $22 billion in adjusted revenue for 2025, highlighting a significant shift in the digital asset market.

user avatarTando Nkube

SUBBD Token Set to Transform Subscription Content Landscape

chest

SUBBD Token is an AI-driven platform aimed at transforming the $85 billion subscription content industry by addressing challenges faced by creators and enhancing fan engagement.

user avatarKofi Adjeman

Vitalik Buterin Signals Shift in Layer 2 Solutions

chest

Vitalik Buterin indicates a significant shift in the understanding of Layer 2 solutions, advocating for their recognition as specialized options that provide unique value beyond mere scaling.

user avatarNguyen Van Long

Technical Indicators Show Bullish Momentum for Dogecoin

chest

Technical indicators for Dogecoin suggest a bullish trend as the price remains above key support levels.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.