Binance Labs has announced an investment in aPriori, an MEV-powered liquid staking protocol. The funding will enable the projects to expand, boost security, and optimize performance. Binance Labs continues to support new and innovative crypto-based companies in a bid to drive overall market growth.

Binance Labs Funds aPriori 

The venture capital arm of the largest crypto exchange by trading volume announced investments in aPriori, a platform aimed at decentralizing the Monad blockchain and reducing gas fees among other functions. According to the released aPriori will expand the team, enhance security, optimize the blockchain performance, and fund research. 

“Binance Labs, the venture capital and incubation arm of Binance, has invested in aPriori, a project focused on Miner Extractable Value (MEV)- powered liquid staking solutions on Monad, a high-performance Ethereum compatible L1 smart contract platform.”

The post Just-In: Binance Labs Invests In This Liquid Staking Protocol appeared first on CoinGape.

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