Friday, July 1

Binance’s venture capital division leads $ 60 million round in cross-chain protocol Multichain By CoinTelegraph

© Reuters. Binance Venture Capital Division Leads $ 60 Million Round on Multichain Cross-Chain Protocol

Binance Labs, the venture capital and incubation division of cryptocurrency exchange Binance, has led a funding round for the cross-chain protocol Multichain, formerly known as Anyswap.

Shortly after renaming Anyswap last week, Multichain has raised $ 60 million in a seed funding round led by Binance Labs, the company officially announced on December 21.

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Other participants in the fundraising were leading venture capital firms and industry investors such as Sequoia China, IDG Capital, Three Arrows Capital, Primitive Ventures, DeFiance Capital, Circle Ventures, Hypersphere Ventures, HashKey and Magic Ventures.

Read the full article on Cointelegraph

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