Binance Labs Strategic Investment in Biswap
Binance Labs announces a strategic investment in Biswap, a popular project on Binance Smart Chain.
Binance is pleased to announce that Binance Labs, the venture capital and incubator of Binance, made a strategic investment in Biswap, the first DEX with a unique three-type referral program, which users can receive earnings of their referees’ activities from Farms, Launchpools, and Swaps—on the Binance Smart Chain (BSC) network.
Nicole Zhang, Director of Binance Labs, said “Biswap is one of the most innovative and popular projects on Binance Smart Chain, and this investment is in line with Binance Labs’ ongoing initiative to promote DeFi and blockchain infrastructure. Binance Labs has always been committed to supporting fast-executing, technical teams who have the potential to positively impact the crypto space, build decentralized web, and help the BSC ecosystem grow.”
Through this strategic funding, Biswap will accelerate the growth of the platform and BSC will assist in fulfilling the vision of Biswap in bringing the freedom of exchange. The synergy from working together in tandem will bring new high-quality services and products, technology enhancement, and further worldwide expansion.
“We are excited that Binance Labs has decided to cooperate with us on the growth of Biswap. We have always been committed to stay user-focused and the 3-type referral program is one of the ways to provide the most benefits for the users. Also, the team will keep bringing innovations to the DeFi space,” said CEO of Biswap.
About Biswap
Biswap is a decentralized exchange platform and automated market maker (AMM) powered by Binance Smart Chain (BSC).
About Binance Labs
Binance Labs invests in technical teams that build and support the decentralised web.
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