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Binance Labs, the venture capital and incubation arm of the leading crypto exchnage Binance, has <a href="https://www.binance.com/en/blog/all/binance-labs-invests-in-five-incubation-projects-5751405877539570607" rel="noopener noreferrer nofollow">announced</a> a significant investment in five promising projects from its fifth Incubation Program. This move is part of the company&#39;s strategic commitment to stimulate innovation and pave the way for the future of Web3, the next generation of internet technologies driven by blockchain.The five selected projects span a range of Web3 sectors, including Decentralized Finance (DeFi), infrastructure, tooling, and middleware. Selected from a pool of over 900 applicants, these projects represent less than 2% of total submissions, underlining the rigorous selection process and the high potential these projects hold for growth and innovation.Bracket Labs, the first of the five, is developing on-chain leveraged structured products and has launched BracketX.fi, a platform enabling traders to capitalize on market volatility swiftly. The second project, DappOS, is working to lower the entry barriers to Web3 by creating an operating protocol aimed at enhancing the usability and accessibility of Web3 applications.Read full article at <a href="https://cryptotale.org/binance-labs-funds-five-key-players-in-web3-amid-regulatory-challenges/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Binance Labs Funds Five Key Players in Web3 Amid Regulatory Challenges

CryptoTale

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