JUST

Bitcoin

Binance Labs, the venture capital and incubation arm of Binance, has invested in Sophon. 
Binance Labs has announced an investment in Sophon, an ecosystem for entertainment applications across gaming, social, artificial intelligence, prediction markets, and more, ahead of its mainnet launch and token distribution next month. 
This investment underscores Binance Labs’ commitment to powering early-stage projects that make Web3 more accessible and enable ecosystem growth. 
“Binance Labs is committed to strengthening early-stage projects that push the boundaries of Web3 and support the growth of the ecosystem. Sophon’s strong industry partnerships and early success speak to their tremendous potential to revolutionize the entertainment, gaming, and AI spaces,” said Andy Chang, Chief Investment Officer at Binance Labs. 
“We are excited to have Binance Labs join our mission to power the next generation of entertainment on the internet. Our goal is to make technology effortless and accessible for users while providing developers with the tools to push the boundaries and accelerate their applications like never before,” said Seb, CEO of Sophon. 
Binance Labs did not disclose the investment amount. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 We’ve invested in <a href="https://twitter.com/sophon?ref_src=twsrc%5Etfw">@sophon</a> 
 Sophon is an ecosystem for entertainment applications in gaming, social, AI, prediction markets and beyond. 
 Read more<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/sFM4eNYh6v">https://t.co/sFM4eNYh6v</a> 
 — Binance Labs Fund (@BinanceLabs) <a href="https://twitter.com/BinanceLabs/status/1841841529888846095?ref_src=twsrc%5Etfw">October 3, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/just-in-binance-labs-announces-new-altcoin-project-it-invested-in/">JUST IN! Binance Labs Announces New Altcoin Project It Invested In!</a>

JUST IN! Binance Labs Announces New Altcoin Project It Invested In!

Bitcoin Sistemi EN

Other articles published on Oct 3, 2024

Analyst Spots Terra Classic (LUNC) Double Bottom. Here’s the Significance

Taiwan FSC drafts new AML rules for crypto firms with penalties for non-compliance

XRP News: Santiment Shares Insight About Bitwise’s ETP Plan

SEC Naik Banding, Ripple Tetap Siap Hadapi Tantangan

Pepe Unchained Presale Rockets Past $17.1M As Whale FOMO Intensifies

XRP Eyes Key Support as Price Nosedives Following US SEC Appeal

Join our free newsletter for daily crypto updates!