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Binance Announces 13 New Cryptocurrency Projects to Invest in!

source-logo  en.bitcoinsistemi.com 01 March 2024 17:03, UTC

Binance Labs, the investment arm of Binance, the world's largest cryptocurrency exchange, announced the 13 cryptocurrency projects selected for the 7th Season of the MVB Accelerator Program.

“We are excited to announce the projects selected for the 7th season of the MVB Accelerator Program.

Thank you to over 700 project teams worldwide for your submissions!

Please note that acceptance into the MVB Accelerator Program does not imply any investment in projects.

Binance Labs will make the final investment decision at the end of the MVB program.”

Stating that the selected projects include three areas as DeFi, infrastructure and application, Binance Labs listed the selected projects as follows: “BitU Protocol, Blum, Surf protocol and Vooi in the DeFi field; Aggregata, Nesa and Nimble Metwork in the infrastructure field; and finally Aspecta, Holoworld in the application field.” , Opinion Labs, Side, Story Chain and Tilted.”

Binance Co-Founder and Head of Binance Labs Yi He said:

“Binance Labs is committed to supporting early-stage founders. As part of this commitment, MVB is committed to supporting and advancing projects within BNB Chain to grow the Web3 ecosystem.”

Binance Labs announced that 12 projects were selected in last year's MVB program. However, Binance did not invest in all of them, Binance Labs invested in four of the best performing projects.

Projects invested in included AltLayer, KiloEx, Kinza, and Sleepless AI, which form the basis of the BNB Chain ecosystem or are experiencing significant growth within the ecosystem.

We’re excited to announce the MVB Season 7 cohort 🚀

Thank you to the 700+ project teams spanning the globe for your applications!

Kicking off on March 5, explore the MVB project teams listed alphabetically by sector below. #MVB 👇

*Please note, admission into the MVB…

— Binance Labs Fund (@BinanceLabs) March 1, 2024

*This is not investment advice.