Binance Labs invests in PancakeSwap Binance Labs strategica | DEFI Journal

Binance Labs invests in PancakeSwap

Binance Labs strategically invests in PancakeSwap’s utility and governance token, $CAKE.

The investment is part of Binance Labs’ mission to facilitate the next wave of global blockchain adoption by providing technology development, marketing and community support, and Web3 enterprise solutions.

Launched in September 2020, PancakeSwap has grown to be the biggest dApp on BNB Chain, with daily active users of over 400,000.

https://www.binance.com/en/blog/ecosystem/binance-labs-makes-strategic-investment-in-pancakeswap-421499824684903958