Binance, the world’s largest cryptocurrency exchange, has made significant investments in various projects.
These projects span categories such as BTC ecosystem, Gaming, Layer 1 (L1), Layer 2 (L2), DeFi and Liquidity Staking Derivatives (LSD). Here’s a look at potential Token Generation Event (TGE) projects that Binance has invested in and may distribute tokens in the second half of 2024:
- Babylon (BTC ecosystem): Binance Labs invested $96 million on February 27, 2024.
- Xterio (Game): An investment of $55 million was made by Binance Labs on July 13, 2023.
- Movement (L1): Binance Labs invested $41.4 million on May 1, 2024.
- Tabi (L1): On May 10, 2023, Binance Labs invested $26.08 million in Tabi, another important project in the Tier 1 category.
- Puffer Finance (LSD): Binance Labs invested $24.15 million in this project on January 30, 2024.
- Solv (DeFi): An investment of $11 million was made by Binance Labs on January 27, 2022.
- Zest Protocol (BTC ecosystem): Binance Labs invested $3.5 million in the project on May 10, 2024.
- Zircuit (L2): Investment amount unknown, but Binance Labs made an investment on June 11, 2024.
- StakeStone (LSD): Binance Labs made an investment in the project on March 25, 2024. The investment amount is unknown.
- Lorenzo Protocol (BTC ecosystem): Binance Labs invested an unknown amount on October 4, 2022.
*This is not investment advice.
