DeFi Startup MOUND Secured $1.6 million In Seed Round From Binance Labs
Binance Labs leads $1.6 million in seed round in DeFi startup MOUND, the team behind Pancake Bunny Finance.
The new funding will be used to expand Pancake Bunny and develop new products. the goal of covering a wide range of DeFi use cases, including farming, lending and swapping.
“In a statement, Wei Zhou, Binance chief financial officer, and head of Binance Labs and M&A’s, said “Pancake Bunny’s growth and MOUND’s commitment to execution are impressive. Team MOUND’s expertise in live product design and service was a key factor in our decision to invest. We look forward to expanding the horizons of Defi together with MOUND.”
