TechFlow News — The privacy computing network Oasis has received $40 million in support from Binance Labs to foster projects within the Oasis ecosystem, including DeFi, Data DAOs, NFTs, and the Metaverse, driving further growth and prosperity of the Oasis ecosystem. Previously, with backing from deep ecosystem partners such as AME Cloud Ventures, Dragonfly Capital Partners, FBG, and Pantera Capital, Oasis established a $160 million ecosystem development fund. With Binance Labs' participation, the total fund size now reaches $200 million.
Since its launch, Oasis has introduced Emerald, an EVM-compatible ParaTime smart contract execution environment. Additionally, YuzuSwap, the ecosystem’s first decentralized exchange (DEX), is set to officially launch this week.
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