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Binance will invest in the De-Fi Coin98 platform

Binance will invest in the De-Fi Coin98 platform

Binance, the world's largest cryptocurrency exchange, announced a strategic investment in Coin98. It is a versatile De-Fi platform offering a range of products. 

According to the press service of Binance, investments will help Coin98 accelerate its development by creating the NFT MarketPlace, AMM on Binance Smart Chain, and a token launch platform. Moreover, existing products will become more widespread, including Coin98 Wallet, Coin98 Exchange, and Space Gate. The latter is a cross-network bridge that enables the transfer of tokens from one blockchain to another.

To support its development, Binance Labs, an incubator for startups, will provide the development team with the necessary technology, advice, and support services for the company. This will help connect millions of users who trade crypto assets to decentralized financing.   

Bill Chin, Head of Binance Labs Fund, said: “We hope that Coin98 can contribute to the development of DeFi within the BSC ecosystem through the strategic investment. There are many features that we are looking forward to seeing that Coin98 is coming up with and we think that the users of the BSC ecosystem will be excited about these too.”

Related info:
Coin98 Wallet
is a non-custodial DeFi, NFT, and Web3 wallet. Coin98 Wallet now supports users to store, manage, and trade tokens on over 40 blockchains such as Binance Smart Chain, Ethereum, Solana, Polygon, Avalanche, Terra, etc., on mobile (iOS & Android), Chrome Extension, and Web versions. 
Coin98 Exchange is a DEX aggregator that supports assets from various liquidity sources. 
SpaceGate is a cross-chain bridge that enables swapping and transferring values across multiple networks.

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