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Binance Labs, the venture capital arm of Binance, has announced an investment in aPriori, an MEV-powered liquid staking protocol on the Monad blockchain. This funding will help aPriori expand its team, enhance security, optimize blockchain performance, and support ongoing research. 
The funding in aPriori clearly indicates Binance Labs’ focus on funding promising blockchain startups. aPriori targets decentralizing the Monad blockchain and cutting down the gas fees. 
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 Source : <a href="https://x.com/BinanceLabs/status/1818301928918691931" target="_blank" rel="noreferrer noopener">Binance Labs Fund</a>
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Yi He, the founder of Binance Labs, said, “Binance Labs, the venture capital and incubation arm of Binance, has invested in aPriori, a project focused on Miner Extractable Value (MEV)- powered liquid staking solutions on Monad, a high-performance Ethereum compatible L1 smart contract platform.” 
aPriori recently raised $8 million in a seed funding round led by Pantera, with contributions from CMS Holdings, ABCDE, OKX Ventures, Laser Digital, and Staking Facilities, bringing its total funding to $10 million. 
The platform’s focus on decentralizing the Monad network and leveraging high performance is driving new possibilities in the market. aPriori aims to revolutionize the blockchain landscape by offering innovative MEV-powered liquid staking solutions. 
Binance Labs’ investment in aPriori marks a significant step in supporting new and innovative crypto-based companies. This move aligns with Binance Labs’ mission to drive overall market growth and blockchain innovation. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/07/24/pluto-studios-catizen-gets-boost-from-binance-labs-investment/" target="_blank" rel="noreferrer noopener">Pluto Studio’s Catizen Gets Boost from Binance Labs Investment</a> 
</blockquote>

Binance Labs Invests in aPriori MEV-Powered Staking Protocol

The Crypto Times

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