Binance Labs, the venture capital and incubation arm of Binance, has announced its investment in four top-performing projects from the sixth season of its Most Valuable Builder (MVB) program. The announcement was made on Binance’s official blog, and the investment is aimed at growing the BNB Chain ecosystem.
The four projects selected for investment are:
1. AltLayer: An open and decentralized protocol for developers to launch application-tailored rollups. It offers a no-code Rollups-as-a-Service dashboard that allows customized rollups with fraud/zk proofs at speed.
2. KiloEx: Building the next generation of user-friendly perpetual DEX focused on risk management and capital efficiency. It offers lightning-fast trades and an intuitive trading experience.
3. Kinza: A robust lending protocol that focuses on security and aims to create the best on-chain money market. It features Real Yield that employs a dynamic interest rate curve,…