Binance Labs Funds New Crypto Venture Fund Rising from Crypto Winter
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Loading... - Lesly Limachi
- 02 Mar 2023
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- This is Binance Labs' fifth investment since October.
- Binance's venture arm has already backed more than 100 crypto projects.
Binance Labs, the accelerator and the venture capital division of Binance, poured capital into a new cryptocurrency venture fund Nomad Capital, continuing its efforts to boost the broader digital assets industry.
Binance Labs Supports Nomad Capital
Nomad Capital has outlined in its blog post that the company takes a proactive approach to assist portfolio companies in expanding and achieving success. Nomad's objective is to provide a diverse means of value to their portfolios, such as product guidance, business expansion, tokenomics planning, talent recruitment, and token launch strategy.
According to the information presented by Binance Labs on Wednesday, the financing terms and the amount allocated for Nomad Capital's development have not been made public. Read More…
