Binance, the world’s largest cryptocurrency exchange, has made significant investments in various projects across different sectors, including the BTC ecosystem, gaming, Layer 1 (L1), Layer 2 (L2), DeFi, and Liquid Staking Derivatives (LSD). Here’s a list of potential Token Generation Event (TGE) projects that Binance has invested in and could potentially distribute tokens in the second half of 2024:
1. Babylon (BTC ecosystem): Binance Labs invested $96 million on February 27, 2024.
2. Xterio (Gaming): Binance Labs invested $55 million on July 13, 2023.
3. Movement (L1): Binance Labs invested $41.4 million on May 1, 2024.
4. Tabi (L1): Binance Labs invested $26.08 million in Tabi, another notable project in the Layer 1 category, on May 10, 2023.
5. Puffer Finance (LSD): Binance Labs invested $24.15 million in this project on January 30, 2024.
6. Solv (DeFi): Binance Labs invested $11 million on January 27, 2022.
7. Zest Protocol (BTC ecosystem): Binance Labs invested $3.5 million in the project on May 10, 2024.
8. Circuit (L2): The investment amount is undisclosed, but Binance Labs made an investment on June 11, 2024.
9. StakeStone (LSD): Binance Labs invested in the project on March 25, 2024. The investment amount is undisclosed.
10. Lorenzo Protocol (BTC ecosystem): Binance Labs invested an undisclosed amount on October 4, 2022.
Please note that this list is not exhaustive and is based on publicly available information. There is no guarantee that any of these projects will distribute tokens, and investors should always conduct their own research before investing in any cryptocurrency.
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