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28 November 2024 14:48, UTC
Binance Labs, the venture capital and incubation arm of Binance, the world's largest cryptocurrency exchange, has invested in Astherus.
Binance Labs has announced an investment in Astherus, a multi-asset liquidity center dedicated to maximizing real returns on crypto assets.
By leveraging the utility of digital assets, Astherus provides decentralized finance (DeFi) users with a variety of opportunities to generate sustainable profits and maximize returns.
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Astherus aims to address inefficiencies in DeFi by focusing on maximizing the real return on assets, delivering sustainable and tangible returns, while simultaneously increasing the utility and liquidity of digital assets within the ecosystem.
“Astherus’ approach to increasing asset utility and real returns aligns with Binance Labs’ commitment to supporting projects that build meaningful technologies and drive ecosystem growth,” said Nicola W., Chief Investment Officer at Binance Labs, regarding the new investment. “We are excited to support Astherus in delivering greater value to DeFi users around the world.”
https://t.co/NaGQXtWQ8t
— Binance Labs Fund (@BinanceLabs) November 28, 2024
*This is not investment advice.
