Tag: Babylon

Binance Labs Backs Bitcoin Staking Startup Babylon

Crypto Ben - February 28, 2024

Binance Labs, the venture capital and incubation branch of embattled crypto exchange Binance, has recently announced a strategic investment in Babylon, a pioneering Bitcoin staking protocol. This move underscores Binance Labs' growing interest in the staking and re-staking sector, following its recent investments in Ethereum liquid re-staking protocols Renzo and Puffer Finance. The investment amount remains undisclosed.

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