Compound

DeFi

Fine

Binance Labs invested in Rango, a cross-chain decentralized exchange&nbsp; (DEX) and bridge aggregator. Rango’s platform integrates Bitcoin, Solana, Tron, Cosmos, and Starknet, allowing users to switch between different blockchains quite easily to offer secure cross-chain capability to wallets. 
Rango’s services are integrated with leading wallets and Dapps like TrustWallet, Exodus, Binance Web3 Wallet, and Compound ensuring that users can perform secure and efficient token swaps. By supporting over 60 blockchains, 70+ DEXes, and 20+ bridges, Rango processes a substantial transaction volume, exceeding $3 billion. 
<a href="https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-rango-to-enhance-crosschain-swap-and-bridge-for-billionuser-expansion-1359034037599198149?lang=en" target="_blank" rel="noreferrer noopener nofollow">Rango has achieved</a> milestones, processing over 2.5 million swaps for 590,000 unique wallets as of June 19. Rango handles over 3,000 organic cross-chain swaps daily and manages more than 2 million daily swap quotes.&nbsp; 
Yi He, Co-Founder of Binance and Head of <a href="https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-rango-to-enhance-crosschain-swap-and-bridge-for-billionuser-expansion-1359034037599198149?lang=en" target="_blank" rel="noreferrer noopener nofollow">Binance Labs said</a>: “Rango’s suite of services aligns with Binance Lab’s goal of supporting projects that bolster cross-chain development and innovation. We look forward to seeing Rango’s journey as it continues to shape the DeFi space.” 
Vahid Kaya, Co-Founder of Rango said: “With Binance Labs, Rango Exchange will be supported to propel the multi-chain ecosystem. Offering support for diverse blockchains, we ensure secure and efficient token swaps anywhere. We’re thrilled to work alongside Binance Labs to further enhance our innovative cross-chain solutions.”&nbsp; 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also read: <a href="https://www.cryptotimes.io/2024/06/20/binance-appeals-6m-fine-by-fintrac-for-aml-violations/" target="_blank" rel="noreferrer noopener">Binance Appeals $6M Fine by FINTRAC for AML Violations</a> 
</blockquote>

Binance Labs Invests in Rango, Leading Cross-Chain DEX

The Crypto Times

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