Cryptoknowmics
2022-08-12 11:05:10

Binance Labs Makes A Strategic Investment In Ankr

Ankr received a strategic investment from Binance Labs, according to a press release, and the details regarding the entire amount invested are kept secret. However, the money will go into expanding its Web3 developer suite and strengthening its RPC service. This contains Application Chains as a Service, Web3 Gaming SDK, and Liquid Staking DK. As mentioned in the press announcement, the protocol provides RPCs for 18 different blockchains and receives more than seven billion blockchain requests daily. Welcome @ankr to the #Binance Labs Family! ICYMI — Ankr is a decentralized infrastructure and cross-chain staking DeFi platform that aims to make Web3 accessible for everyone.https://t.co/hvtYv43xGJ — Binance Labs Fund (@BinanceLabs) August 11, 2022 Ankr Introduced BNB Liquid Staking Ankr is a well-known supplier of Web3 infrastructure. In a word, the protocol connects decentralized applications, wallets, and crypto-based games to the blockchains they require to function. It does this in the background. Ankr, well-known for introducing BNB Liquid Staking and creating some of the BNB Chain’s fundamental infrastructures, notably its Erigon upgrade, has now received a strategic investment from Binance Labs, the company’s venture capital arm. With the ability to combine methods like staking, farming, lending, donating to vaults, and more simultaneously, Liquid Staking offers BNB token holders a variety of alternatives when deciding how...

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