TechFlow news, according to an official blog post, Binance Labs has committed to invest $5 million in Curve DAO Token (CRV). As part of the collaboration, Curve plans to deploy on BNB Chain.
Binance co-founder and head of Binance Labs, Yi He, commented: "Curve is the largest stablecoin exchange platform and a key protocol in DeFi, contributing significantly to the sector's steady growth in 2023. In light of recent impactful events, Binance Labs is fully supporting Curve through investment and strategic partnership. We view this collaboration as a starting point and look forward to working together to further advance the DeFi ecosystem."
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