Binance, the world’s largest cryptocurrency exchange by trading volume, invests in them to support various projects. He makes this investment through Binance Labs, which he describes as “an initiative to invest and empower blockchain and cryptocurrency entrepreneurs.” The altcoins of the projects he invests in are usually listed on the stock market after a while. Cryptocoin. com, as there is a serious price increase in altcoin prices after the listing, investors follow such news closely. So, what are the coins that Binance invests but are not yet listed on the stock market? Here is the list…
Altcoins receiving Binance Labs investment
- MobileCoin (MOB): MobileCoin is designed to provide a simple user experience with privacy and security in normal resource constrained environments such as mobile devices.
- HOPR (HOPR): HOPR is a protocol aimed at solving data and privacy issues on a global scale
- Covalent (CQT): Covalent leverages big data technologies and delivers insights.
- Biswap (BSW): Biswap is a DEX with three types of referral systems and low transaction fees.
- Refinable (FINE): It is a protocol that aims to be an NFT hub in BSC.
- StarSharks (FAQ): StarSharks is a metaverse where players can define the value of NFTs in a sustainable ecosystem.
- Numbers Protocol (NUM): Numbers Protocol creates the new decentralized photo network for Web 3.0.
- Xend Finance (XEND): Xend Finance, which also received investment from Google Developers Launchpad, is a Nigeria-based startup. He wants to bring DeFi to the world of credit unions.
- Math Wallet (MATH): MATH is a crypto platform that combines many applications in the field of crypto money.
- Cere Network (CERE): Cere Network is a cross-chain platform.