Binance Labs, the venture capital and incubation arm of the world’s largest cryptocurrency exchange Binance, has announced the latest batch of projects selected for its Season 7 incubation program.
The four newly selected projects include:
Astherus: A decentralized exchange designed to optimize the utilization of staked assets.
Cycle Network: A cross-chain liquidity management protocol aimed at facilitating seamless liquidity aggregation.
Dill: A sharding-based data availability network.
Eigen Explorer: The first native DeFi protocol on EigenLayer.
In a recent X post, Binance Labs expressed excitement about the selected projects, stating: “We’re thrilled to announce the first cohort of projects accepted into our Season 7 Incubation Program.”
The incubation program provides selected projects with mentorship, funding, and access to Binance’s vast network of resources. By investing in early-stage blockchain startups, Binance Labs aims to foster innovation and drive the growth of the broader crypto ecosystem.