Binance Labs commits $10m to stable coin Helio Protocol

Binance Labs commits $10m to stable coin Helio Protocol

FILE PHOTO: A smartphone with displayed Binance logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Binance Labs, the venture capital arm of the world’s biggest cryptocurrency exchange Binance, announced that it is investing $10 million in Helio Protocol, a USD-pegged over-collateralised stablecoin.

Edited by: Padma Priya

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