Binance Labs Invests up to $4.5 Million in Ambit Finance To Bo | TOP 9 Where to Invest❓NFT / Blockchain games / DEFI / WEB3

Binance Labs Invests up to $4.5 Million in Ambit Finance To Boost DeFi on BNB Chain

Binance Labs, the venture capital arm and accelerator of Binance, has made a strategic investment to commit up to $4.5 million to Ambit Finance, a DApp using novel structured financial products to enhance the utility of BUSD and other select crypto assets.

About Ambit Finance
Leveraging the team’s experience in building Anchor into a $20B TVL protocol, Ambit Finance is a sustainable, comprehensive, and easy-to-use suite of fintech apps (“Superapp”) that will incorporate lending, borrowing, and yield optimization strategies to further the utility of BUSD and DApps in the broader BNB Chain ecosystem, and a launching pad for a “decentralized Binance” that will combine the useability of Binance.com with the latest innovations in DeFi.

#Startup #DApp #Ambit