Pluto

Coin

<ul class="news-points">
 <li>Binance Labs announces an undisclosed investment in the Telegram-based Pluto Studio.</li>
 <li>The funding intends to boost Pluto Studio’s growth by supporting its gaming bot, Catizen.</li>
 <li>The platform looks forward to more innovative projects that fuel mass adoption.</li>
</ul>
Binance Labs, the venture capital arm of the leading cryptocurrency exchange Binance, has made a <a href="https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-pluto-studio--the-publishing-platform-of-telegrambased-web3-game-catizen-346617774142878362?hl=en" target="_blank" rel="noopener noreferrer nofollow">strategic investment in Pluto Studio</a>, the developer behind the popular Telegram-based gaming platform Catizen. This move underscores Binance’s commitment to expanding the Web3 gaming ecosystem and fostering innovation within the blockchain space.
Launched in March 2024, Catizen, a gaming bot on Telegram, has quickly grown to boast approximately 25 million players, 1.5 million on-chain gamers, and 500,000 paying users. The game enables gamers to earn airdrops through digital cats in a cat-themed world.
According to Binance’s official announcement, the funding round aims to accelerate Pluto Studio’s growth by supporting the development of Catizen’s mini-app and game engine constructions. The exchange believes this move could increase the project’s demand and acceptance.
Binance Labs co-founder Yi He expresse…
The post <a href="https://coinedition.com/binance-labs-backs-catizen-telegrams-leading-web3-gaming-platform/" rel="noopener noreferrer nofollow">Binance Labs Backs Catizen, Telegram’s Leading Web3 Gaming Platform</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Binance Labs Backs Catizen, Telegram’s Leading Web3 Gaming Platform

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