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Binance Invests in Cross-Chain DEX Aggregator Rango


от CoinEdition
Binance Invests in Cross-Chain DEX Aggregator Rango
  • Binance Labs invests in Rango, enhancing cross-chain DEX.
  • Rango facilitates secure and efficient token swaps across multiple blockchains.
  • Partnership aims to enhance cross-chain solutions and drive DeFi growth.

Binance Labs, the venture capital and incubation arm of the world’s leading cryptocurrency exchange Binance, has invested in Rango, a cross-chain decentralized exchange (DEX) and bridge aggregator.

The investment amount remains undisclosed, but the partnership aims to drive growth in the DeFi sector by facilitating seamless transactions across multiple blockchains. Boosting over $3 billion in transaction volume, Rango facilitates seamless transactions across various blockchains; 70+ DEXes and 20+ bridges to drive DeFi growth. 

The protocol currently operates on major blockchains including Bitcoin, Solana, Tron, Cosmos Ecosystem, Starknet, and others. Additionally, Rango’s services are accessible through popular wallets and decentralized applications (DApps) like TrustWallet, Exodus, Binance Web3 Wallet, and Compound.

By aggregating liquidity from various sources, Rango ensures optimal trade prices for users, reducing slippage and enhancing effi…

The post Binance Invests in Cross-Chain DEX Aggregator Rango appeared first on Coin Edition.

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Binance Invests in Cross-Chain DEX Aggregator Rango


от CoinEdition
Binance Invests in Cross-Chain DEX Aggregator Rango
  • Binance Labs invests in Rango, enhancing cross-chain DEX.
  • Rango facilitates secure and efficient token swaps across multiple blockchains.
  • Partnership aims to enhance cross-chain solutions and drive DeFi growth.

Binance Labs, the venture capital and incubation arm of the world’s leading cryptocurrency exchange Binance, has invested in Rango, a cross-chain decentralized exchange (DEX) and bridge aggregator.

The investment amount remains undisclosed, but the partnership aims to drive growth in the DeFi sector by facilitating seamless transactions across multiple blockchains. Boosting over $3 billion in transaction volume, Rango facilitates seamless transactions across various blockchains; 70+ DEXes and 20+ bridges to drive DeFi growth. 

The protocol currently operates on major blockchains including Bitcoin, Solana, Tron, Cosmos Ecosystem, Starknet, and others. Additionally, Rango’s services are accessible through popular wallets and decentralized applications (DApps) like TrustWallet, Exodus, Binance Web3 Wallet, and Compound.

By aggregating liquidity from various sources, Rango ensures optimal trade prices for users, reducing slippage and enhancing effi…

The post Binance Invests in Cross-Chain DEX Aggregator Rango appeared first on Coin Edition.

Читать материал на CoinEdition

Читать больше

BSC’s Daily Volume Reaches $13B: Is This the End of ETH and Solana’s Dominance?

BSC’s Daily Volume Reaches $13B: Is This the End of ETH and Solana’s Dominance?

Binance Smart Chain (BSC) has already set a new record, surpassing all other chains w...
Bank of Korea Embraces Public Blockchain for Deposit Tokens, Moves to Reclaim Stablecoin Control

Bank of Korea Embraces Public Blockchain for Deposit Tokens, Moves to Reclaim Stablecoin Control

In a strategic decision toward modernizing its monetary system, the Bank of Korea (BO...