December 31, 2024
THENA, a decentralized exchange (DEX) built on the BNB Chain, has secured an investment from Binance Labs. The platform, which entered the market in January 2023, operates with the ve(3,3) tokenomics model and focuses on providing a robust liquidity layer for decentralized finance (DeFi) applications. Its goal is to combine the best aspects of leading DeFi protocols into one unified solution, addressing key challenges such as scalability and user experience.
This new funding will be directed towards enhancing THENA’s platform and increasing its reach. Key areas for investment include improving security measures, scaling user acquisition, and strengthening partnerships within the BNB Chain ecosystem. Additionally, the funds will support the platform's continued development to drive the adoption of decentralized finance on a larger scale.
About THENA
THENA is a decentralized exchange and liquidity protocol that operates on the BNB Chain. By utilizing the ve(3,3) tokenomics model, THENA aims to optimize liquidity and scalability within the DeFi ecosystem. The platform’s goal is to offer a user-friendly, secure environment for decentralized financial transactions.
Website:Â https://thena.fi/
X: @thenafi_
About Investor
Binance Labs
Binance Labs is the venture capital and incubation arm of Binance.The firm focuses on supporting early-stage Web3 projects across various sectors. With a portfolio that spans over 250 projects worldwide, Binance Labs continues to invest in blockchain infrastructure and decentralized applications to drive innovation within the Web3 space.
Location: Hong Kong
Website:Â https://labs.binance.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
Comments