Binance Labs, Binance’s venture capital arm, has announced an investment in aPriori, an MEV-powered liquid staking protocol on the Monad blockchain. This funding will help aPriori expand its team, enhance security, optimize blockchain performance, and support ongoing research.
The funding in aPriori clearly indicates Binance Labs’ focus on funding promising blockchain startups. aPriori targets decentralizing the Monad blockchain and cutting down the gas fees.
Yi He, the founder of Binance Labs, said, “We are always on the look-out for early-stage projects with potential, and this investment marks our commitment to supporting pioneering projects that drive the next wave of blockchain innovation, and we look forward to seeing aPriori redefine the landscape.”
aPriori recently raised $8 million in a seed funding round led by Pantera, with contributions from CMS Holdings, ABCDE, OKX Ventures, Laser Digital, and Staking Facilities, bringing its total funding to $10 million.
The platform’s focus on decentralizing the Monad network and leveraging high performance is driving new possibilities in the market. aPriori aims to revolutionize the blockchain landscape by offering innovative MEV-powered liquid staking solutions.
Binance Labs’ investment in aPriori marks a significant step in supporting new and innovative crypto-based companies. This move aligns with Binance Labs’ mission to drive overall market growth and blockchain innovation.
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